Turkiye: Turkish Hard Coal Company secures funding from the government (2018)

Announcement

31 Dec 2018

The Turkish Ministry of Treasury and Finance announced transferring TRY 900 million (USD 170.1 million) in funding to the Turkish Hard Coal Company in the year 2018.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

31 Dec 2018

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

In 2018, the Turkish government granted financial aid to the Turkish Hard Coal Company (THCC) following financial losses incurred in the same year. The total value of the financial injection was TRY 9...

Related State Acts

31 Dec 2019

Turkiye: The government provides funding for the Turkish Hard Coal Company

31 Dec 2017

Turkiye: Turkish Hard Coal Company secures funding from the government (2017)

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