Announcement
03 Jul 2020
On 3 July 2020, the European Commission approved an interest rate subsidy measure from Malta to support "Mediterranean Investments Holding" facing difficulties to finance itself as a result of the impact of the outbreak on the capital markets in Malta.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
1 in force
Implementation date
03 Jul 2020
Revocation date:
No revocation date
On 3 July 2020, the European Commission approved a EUR 18.7 (USD 21) million interest payment subsidy scheme from Malta. The aid will support Mediterranean Investments Holding p.l.c. (“MIH”) a real es...