ANNOUNCEMENT 26 May 2009

On 26 May 2009, the EIB provided financing worth EUR 80 million (USD 109 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 26 May 2009 | Removal date: open ended

State loan

On 26 May 2009, the European Investment Bank (EIB) and Marfin Egnatia Bank S.a. signed an agreement worth EUR 80 million (approx. USD 109 million) for the project Marfin Egnatia Bank Loan for SMEs from Greece.

According to the project description issued by the EIB, Loan for the financing of SMEs (including lease-financing) and small and medium-sized infrastructure projects implemented by private and public promoters..

The objective of the project is defined as following: Financing of investments of small/medium scale by small and medium sized enterprises, local authorities or municipal companies or promoters of any size..

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