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Global Trade Alert

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Germany: EUR 3 billion state aid scheme to support development of Hydrogen Core Network

Description

On 21 June 2024, the European Commission approved a EUR 3 billion (USD 3.2 billion) state aid scheme from Germany. Under the scheme, the German national promotional bank KfW will provide favourable lo...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Jun 2024

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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