ANNOUNCEMENT 29 Jul 2010

On 29 July 2010, the EIB provided financing worth EUR 100 million (USD 128 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 29 Jul 2010 | Removal date: open ended

State loan

On 29 July 2010, the European Investment Bank (EIB) and Banca Popolare Di Milano S.c. a R.l. signed an agreement worth EUR 100 million (approx. USD 128 million) for the project Bpm Loan for SMEs & Other Priorities from Italy.

According to the project description issued by the EIB, Loan for SMEs (at least 70%) and eligible investments in the energy sector throughout Italy..

The objective of the project is defined as following: The loan will finance small/medium sized investments promoted by SMEs mainly in industry, services and tourism..

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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