Global Trade Alert
Global Trade Alert

EU: 7 Member States set up EUR 1.2 billion scheme to support the development of cloud and edge computing technologies (IPCEI CIS)

Announcement

05 Dec 2023

In December 2023, the European Commission approved the "CIS" Important Project of Common European Interest established by 7 Member States.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

05 Dec 2023

Revocation date:

No revocation date

State aid, unspecified In force

On 5 December 2023, the European Commission approved a EUR 1.2 billion (USD 1.3 billion) state aid scheme to support 19 companies in France, Germany, Hungary, Italy, the Netherlands, Poland, and Spain...

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