ANNOUNCEMENT 29 May 2017

On 29 May 2017, the EIB provided financing worth EUR 500 million (USD 553 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 29 May 2017 | Removal date: open ended

State loan

On 29 May 2017, the European Investment Bank (EIB) and Unicredit Spa signed an agreement worth EUR 500 million (approx. USD 553 million) for the project Unicredit Loan for SMEs Ix from Italy.

According to the project description issued by the EIB, Dedicated EIB Loan to finance SMEs via MLT Lending and Leasing schemes.

The objective of the project is defined as following: Financing of small/medium projects carried out by small and medium sized-enterprises in the industry, agriculture, tourism and service sectors..

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

 
N/A

AFFECTED PRODUCTS

 
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