| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/15/4914 (05.05.15) |
| Publication Date | 05/05/2015 |
| Content Type | News |
|
On 05 May 2015 the European Commission has concluded that an extension of the scope of French development bank SFIL/CAFFIL's activities to also cover the financing of export credit loans was in line with EU state aid rules. The Commission found in particular that these services are currently not provided to a sufficient extent by private players. SFIL/CAFFIL will remedy this market failure without requiring new state aid and without unduly distorting competition in the Single Market. |
|
| Source Link | http://europa.eu/rapid/press-release_IP-15-4914_en.htm |
| Subject Categories | Internal Markets |
| Countries / Regions | Europe, France |
