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: 04 May 2016 | Removal date: open ended
Still in force

Financial grant

 On 4 May 2016, the European Commission approved state aid for the expansion of the Rostock overseas port.
Out of the total costs of 17.3 million EUR, 13.6 million EUR will be provided by the Land Mecklenburg-Vorpommern.
According to the Commission, "the public funding was provided in form of a grant. A grant is a non-refundable financial instrument which bears no financing cost. At market terms, such a financing instrument would not have been available to the beneficiary. The public financing, therefore, conferred an economic advantage on the beneficiary".
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.
 

AFFECTED COUNTRIES

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