Global Trade Alert
Global Trade Alert

Germany: Government provides EUR 7.5 billion loan guarantee to Siemens Energy AG

Announcement

14 Nov 2023

In November 2023, the German Federal Ministry for Economic Affairs and Climate Action announced providing a loan guarantee worth EUR 7.5 billion to Siemens Energy AG.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Nov 2023

Revocation date:

No revocation date

Updated: 14 Nov 2023
Loan guarantee In force

On 14 November 2023, the German Federal Ministry for Economic Affairs and Climate Action announced providing a loan guarantee worth EUR 7.5 billion (USD 8 billion) to Siemens Energy AG. The state a...

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