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Planned Intel factory in Magdeburg - MDR report: Federal government has not yet submitted an application for approval of state aid

Summary by Deutschlandfunk
The federal government has not yet submitted an application to the EU for approval of state aid for the establishment of a semiconductor factory in Magdeburg.

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The federal government has not yet submitted an application to the EU for approval of state aid for the establishment of a semiconductor factory in Magdeburg.

·Germany
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The federal government is to contribute almost ten billion euros in funding for Intel's settlement in Magdeburg. The EU has to approve this. However, the necessary application has not yet been submitted.

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mdr.de broke the news in on Thursday, August 22, 2024.
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