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Europe Daily Bulletin No. 9956

6 August 2009
GENERAL NEWS / (eu) eu/state aid
German temporary reduced-interest loans scheme for green products authorised

Brussels, 05/08/2009 (Agence Europe) - The European Commission has authorised, under EC Treaty state aid rules, a scheme offering reduced-interest loans to businesses investing in the production of environmentally friendly products, as part of the German package to tackle the current economic crisis. It will allow state, regional or local authorities to grant until 31 December 2010 loans with subsidised interest payments until 31 December 2012 at the latest. The scheme meets the conditions...