Global Trade Alert
Global Trade Alert

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France and Italy: EIB and STMicroelectronics sign EUR 500 million loan for semiconductor development

Description

On 14 February 2020, the European Investment Bank (EIB) and STMicroelectronics (STM) signed a EUR 500 million (approx. USD 541.5 million) loan to finance the company’s research, development, and innov...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Feb 2020

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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