ANNOUNCEMENT 08 Jul 2016

In July 2016, the British government announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 08 Jul 2016 | Removal date: open ended

State loan

 On 8 July 2016, the European Investment Bank announced it would provide a 25 million EUR loan to the British midcap telecommunications operator Gigaclear.
The loan is part of EIB's InnovFin MidCap Growth Finance programme and will be used by the company to expand its rural broadband network.
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 investment support proposed here is discriminatory.
 

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A