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Global Trade Alert

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Spain: EIB provides EUR 40 million financing to Ercros SA

Description

The EIB's EUR 40 million (approx. USD 45 million) loan to Ercros Sa signed on 23 December 2021 was backed by a guarantee from the European Fund for Strategic Investments (EFSI). The EFSI is a joint in...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Dec 2021

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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