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Italy: EIB grants investment support for Piaggio's product development in the area scooters, motorcycles and certain light commercial vehicles

Description

On 4 July 2019, the European Investment Bank (EIB) and Piaggio & C SpA signed a loan agreement having a total value of EUR 70 million (approx. USD 79 million). The loan will support the company's ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 Jul 2019

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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