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Global Trade Alert

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France and Germany: EIB provides financing to SiPearl SAS for the development of microprocessors

Description

The EIB's EUR 25 million (approx. USD 28 million) loan with SiPearl SAS signed on 25 February 2022 was backed by the European Guarantee Fund (EGF). The EGF was created in April 2020 by the Eurogroup (...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Feb 2022

Revocation date

No revocation date

Implementation level

IFI

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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