ANNOUNCEMENT 18 Dec 2015

On 18 December 2015, the EIB provided financing worth EUR 200 million (USD 218 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 18 Dec 2015 | Removal date: open ended

State loan

On 18 December 2015, the European Investment Bank (EIB) and Gefa Gesellschaft Fuer Absatzfinanzierung Mbh signed an agreement worth EUR 200 million (approx. USD 218 million) for the project Gefa Kmu Darlehen Ii from Germany.

According to the project description issued by the EIB, Financing of small and medium scale projects undertaken by SMEs and Mid-Caps in Germany and potentially in other EU Member States..

The objective of the project is defined as following: Financing of small/medium projects carried out by SMEs and mid-caps in Germany and potentially in other EU Member States..

A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects foreign commercial interests. On this metric, the investment support granted here is discriminatory.

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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