ANNOUNCEMENT 22 Nov 2012

On 22 November 2012, the EIB provided financing worth EUR 50 million (USD 64 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 22 Nov 2012 | Removal date: open ended

State loan

On 22 November 2012, the European Investment Bank (EIB) and Mediocredito Trentino-Alto Adige Spa signed an agreement worth EUR 50 million (approx. USD 64 million) for the project Mctaa Loan for SMEs & Other Prior from Italy.

According to the project description issued by the EIB, Dedicated loan for SMEs to finance SME investments, for at least 70% of the total amount, via term loans.The balance could finance eligible projects under the knowledge economy, energy and environment objectives and midcaps..

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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