Global Trade Alert
Global Trade Alert

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EU: EUR 25 billion Pan-European Guarantee Fund

Description

On 9 April 2020, the European Investment Bank (EIB) and the European Investment Fund (EIF) announced the creation of a EUR 25 billion (approx. USD 29.9 billion) Pan-European Guarantee Fund (EGF) to su...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Aug 2020

Revocation date

31 Dec 2022

Implementation level

IFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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