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Intel thriving for 9 9 billion euro German government subsidy, Handelsblatt says

Intel announced last year it picked the central German city Magdeburg for new chip-making complex

Sachsen anhaltPat geisingerChristian lindnerIntel chief executive pat geisingerFinance minister christian lindnerIntel thriving for 9 billion euro german government subsidyAndelsblatt says

Intel near deal on 9 9 billion euro German government subsidy, Handelsblatt says

Intel near deal on 9 9 billion euro German government subsidy, Handelsblatt says
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Sachsen anhaltBarbara lewisPat geisingerChristian lindnerIntel chief executive pat geisingerFinance minister christian lindnerVictoria waldersee

Intel near deal on 9 9 bln euro German government subsidy, Handelsblatt says

Intel and the German government are close to an agreement for the chipmaker to receive 9.9 billion euros ($10.83 billion) in subsidies, up from a previously agreed 6.8 billion, Handelsblatt reported on Thursday, citing government sources.

Sachsen anhaltPat geisingerChristian lindnerBarbara lewisThomson reuters trust principlesIntel chief executive pat geisingerFinance minister christian lindnerVictoria walderseeThomson reuters trust

Intel near deal on 9 9 billion euro German government subsidy, Handelsblatt says

Final negotiations will take place this weekend, the newspaper reported, with Intel Chief Executive Pat Geisinger and government representatives to sign an agreement in Berlin on Monday. Intel and the economy ministry were not immediately available for comment outside working hours. The additional funds are to come from a budget under the responsibility of the economy minister, who campaigned heavily for the extra subsidies in the face of resistance from Finance Minister Christian Lindner, according to Handelsblatt.

Sachsen anhaltBarbara lewisPat geisingerChristian lindnerIntel chief executive pat geisingerFinance minister christian lindnerVictoria waldersee

Intel near deal on 9 9 billion euro German government subsidy, Handelsblatt says

(Reuters) - Intel and the German government are close to an agreement for the chipmaker to receive 9.9 billion euros ($10.83 billion) in subsidies, up.

Sachsen anhaltBarbara lewisPat geisingerChristian lindnerIntel chief executive pat geisingerFinance minister christian lindnerVictoria waldersee

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