ANNOUNCEMENT 21 Dec 2009

On 21 December 2009, the EIB provided financing worth EUR 300 million (USD 438 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 21 Dec 2009 | Removal date: open ended

State loan

On 21 December 2009, the European Investment Bank (EIB) and Banca Popolare Dellemilia Romagna signed an agreement worth EUR 300 million (approx. USD 438 million) for the project Bper Loan for SMEs & Other Priorities from Italy.

According to the project description issued by the EIB, Loan to finance SME investments in Italy for at least 70%. The remaining amount could finance environment, energy, i2i or convergence projects..

The objective of the project is defined as following: The loan will finance investments of small/medium scale promoted by SMEs mainly in industry, services and tourism for at least 70%. The remaining amount may finance environment, sustainable communities, energy, knowledge economy and convergence projects..

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