ANNOUNCEMENT 13 Sep 2012

On 13 September 2012, the EIB provided financing worth EUR 200 million (USD 257 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

EIB, Project financing summary, 'Emilia Romagna Earthquake Gl', 13 September 2012.
https://www.eib.org/en/projects/loans/all/20120301

EIB, Project summary, 'Emilia Romagna Earthquake Gl', 13 September 2012.
https://www.eib.org/en/projects/pipelines/all/20120301

EIB, Financed projects list
https://www.eib.org/en/projects/pipelines/index.htm?q=&sortColumn=projectStatusDate&sortDir=desc&pageNumber=0&itemPerPage=25&pageable=true&language=EN&defaultLanguage=EN&yearFrom=2012&yearTo=2012&orCountries.region=true&orCountries=true&orSectors=true&orStatus=true

European Investment Bank. Press release. Italy: EUR 200 million from EIB for Emilia Romagna earthquake.
https://www.eib.org//en/press/all/2012-149-italia-da-bei-200-milioni-per-il-terremoto-dellemilia-romagna

European Investment Bank. Press release. Italy: EIB Group and Banco Popolare - EUR 560 million for SMEs, mid-caps, enterprise networks, innovative R&D projects and the Emilia earthquake.
https://www.eib.org//en/press/all/2012-192-eib-group-and-banco-popolare-lend-eur-560-million-for-smes-mid-caps-enterprise-networks-innovative-r-d-projects-and-the-emilia-earthquake

Inception date: 13 Sep 2012 | Removal date: open ended

State loan

On 13 September 2012, the European Investment Bank (EIB) announced an agreement worth EUR 200 million (approx. USD 257 million) for the project Emilia Romagna Earthquake Gl from Italy.

According to the project description issued by the EIB, Global loan/Loan for SMEs to finance eligible small and medium size SME or Midcap investments and eligible environment, energy and knowledge economy projects in the areas impacted by the recent earthquakes in Emilia Romagna and neighbouring provinces..

The objective of the project is defined as following: Reconstruction of public infrastructure and the rebuilding of much of the industrial sector and agriculture infrastructure in the Emilia Romagna provinces. This would contribute to reducing possible industrial relocation and facilitating a quick restart of their activities..

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

 
N/A