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Global Trade Alert

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Germany: EIB signs loan agreement to support Salzgitter's investments related to its steel, iron and beverage filling and packaging machinery businesses

Description

The EIB's loan to Salzgitter AG signed on 28 November 2019 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 150 million (approx. USD 165.2 million)...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Nov 2019

Revocation date

No revocation date

Implementation level

Supranational

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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