On Monday 26 March, the European Commission said that the Extended Growth Facility (or GO facility), a guarantee regime set in place by the Dutch authorities to improve access to financing for medium-sized large businesses with strong growth potential, does not constitute state aid.
Through this measure, which has been capped at €400 million a year up to 2023, the Dutch authorities will guarantee 50% of new loans taken out by the businesses in question for up to eight years. The total of...