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Global Trade Alert

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Germany: Introduction of EUR 1.7 billion financial grant scheme to support rail freight transport operators

Description

On 21 May 2024, the European Commission approved a EUR 1.7 billion (USD 1.85 billion) financial grant scheme from Germany. The scheme supports German rail freight operators of single and group wagon t...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 May 2024

Revocation date

31 Dec 2029

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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