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Global Trade Alert

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Germany: Introduction of further state aid scheme to support German companies in context of Russia's invasion of Ukraine

Description

On 4 May 2022, the European Commission approved a EUR 1 billion (approx. USD 1 billion) loan guarantee scheme from Germany. The aid will support any German company from any sector (except credit and f...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 May 2022

Revocation date

31 Dec 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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