Rarely has a company in Germany received such generous state aid as it is now waving to the American IT giant Intel: The federal government wants to transfer almost ten billion euros to the Californian company so that it can build a factory in Magdeburg for the construction of computer chips. But that’s not all: Like them Southgerman newspaper learned, the commitments of the traffic light coalition are even more extensive than previously known. For example, the volume of subsidies could increase, while Intel reserves the right to cancel the entire project if the European Commission in Brussels does not approve the full amount of the subsidy.
Intel factory in Magdeburg: If ten billion are not enough – economy
