Turkiye: Turkish Coal Corporation secures funding from the government (2016)

Announcement

31 Dec 2016

The Turkish Ministry of Treasury and Finance announced transferring TRY 1.28 billion (USD 364.1 billion) in funding to Turkish Coal Corporation in the year 2016.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

31 Dec 2016

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

In 2016, the Turkish government granted financial aid to the Turkish Coal Corporation (TCC) following financial losses incurred in the same year. The total value of the financial injection was TRY 1.2...

Related State Acts

31 Dec 2017

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

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