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Global Trade Alert

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Germany: Re-introduction of financial grant scheme to support transport projects by local passenger transport undertakings

Description

On 4 April 2024, the European Commission approved a EUR 447 million (USD 485 million) financial grant scheme from Germany. The scheme is open to transport undertakings that provide local passenger tra...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 Apr 2024

Revocation date

31 Dec 2026

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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