ANNOUNCEMENT 15 Jul 2013

On 15 July 2013, the EIB provided financing worth EUR 100 million (USD 131 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 15 Jul 2013 | Removal date: open ended

State loan

On 15 July 2013, the European Investment Bank (EIB) and Ceska Sporitelna as signed an agreement worth EUR 100 million (approx. USD 131 million) for the project Csas Innovation SMEs and Other Priorities (Cz) from Czech Republic.

According to the project description issued by the EIB, EIB loan for SMEs to finance innovation and for other final beneficiaries of any size for investments in the fields of knowledge economy, energy and environment according to the Banks eligibility criteria, to be carried out primarily in the Czech Republic..

The objective of the project is defined as following: Improving access to term finance at favourable conditions..

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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