Announcement
16 Oct 2020
In October 2020, the European Investment Bank (EIB) extended the loan granted to Piaggio in July 2019 (see related state act) by EUR 30 million (approx. USD 35.1 million).
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
16 Oct 2020
Revocation date:
No revocation date
Updated: 16 Oct 2020
State loan
In force
The EIB's approved loans to Piaggio, signed on 4 July 2019 and 16 October 2020, were backed by the European Fund for Strategic Investment (EFSI). In this sense, the second EUR 30 million (appr...
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Updated: 16 Oct 2020
State loan
In force
On 16 October 2020, the European Investment Bank (EIB) and Piaggio signed a second loan that extended the budget of a loan approved in July 2019 (see related state act) by EUR 30 million (approx. U...
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