Global Trade Alert
Global Trade Alert

France: EIB extends loan with Ariane Group for the development of space launchers

Announcement

12 Feb 2021

In February 2021, the European Investment Bank (EIB) and Ariane Group signed a second loan agreement to continue supporting the company’s investment in the space technology sector. The first loan for the same purpose was signed in December 2019 (see related state act).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Feb 2021

Revocation date:

21 Jun 2021

Updated: 12 Feb 2021
State loan

On 12 February 2021, the European Investment Bank (EIB) and Ariane Group signed a second EUR 87.6 million (approx. USD 106 million) loan to continue supporting the company’s multiannual progr...

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