Global Trade Alert
Global Trade Alert

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

Announcement

04 Jul 2019

In July 2019, the European Investment Bank (EIB) signed a loan agreement with Piaggio & C SpA to support the company's development of products and technologies in the area scooters, motorcycles and certain light commercial vehicles. The loan will be guaranteed by the European Fund for Strategic Investment (EFSI).

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Jul 2019

Revocation date:

No revocation date

Updated: 04 Jul 2019
State loan In force

The EIB's loan to Piaggio signed on 4 July 2019 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 70 million (approx. USD 79 milli...

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Updated: 04 Jul 2019
State loan In force

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...

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