IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 03 Aug 2016 | Removal date: open ended
Still in force

Loan guarantee

 On 3 August 2016, the European Commission announced in a press release that it had approved additional state aid for the German Berlin-Brandenburg airport. This follows earlier state aid provided to the airport (cf. Related Measures).
The approved state aid shall be used to complete the construction of the airport and involves a 1.1 billion EUR shareholder loan as well as a guarantee covering up to additional 1.1 billion EUR.
The letter from the EC to Germany has not yet been made public but the press release stated "that a private investor seeking long-term profitability would have been ready to provide the same funding package on similar terms, to finally ensure that the airport is completed and made operational. Moreover, the terms of the shareholder guarantee are commensurate with market practice and thus confer no unfair advantage on the airport operator".
A state measure in the GTA database is assessed solely in terms of the extent to which its implementation affects the extent of discrimination against foreign commercial interests. On this metric, the state aid proposed here is discriminatory.
Due to the size of the airport involved, it would be insufficient to count local airports in the region as the ones affected by the state aid scheme. Instead, the largest European airports are nowadays in competition to become the main hubs for long-distance routes. As it is likely that Berlin Brandenburg International will enter this market, the list of affected partners was compiled based on the 20 largest airports in Europe. These large hubs are more likely to compete in the future with the beneficiary as opposed to nearby airports in Leipzig/Halle or Szczecin, Poland.
 

AFFECTED COUNTRIES

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