Global Trade Alert
Global Trade Alert

Germany: EIB and European Commission provide financing for vaccine development and expansion of manufacturing

Announcement

27 Jun 2020

In June 2020, the European Investment Bank signed a loan to support a German company's vaccine development and expansion of manufacturing. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Jun 2020

Revocation date:

No revocation date

Updated: 27 Jun 2020
State loan In force

On 27 June 2020, the European Investment Bank (EIB) and German CureVac AG signed a loan agreement having a total value of EUR 75 million (approx. USD 84.1 million). The EIB financing will support t...

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