A computer graphic shows the chip factory planned for the US company Intel in Magdeburg.
(Photo: dpa)
Berlin Are almost ten billion euros of state aid too much for a single chip factory? At least since the federal government agreed with the US chip company Intel last week to increase the subsidy for the planned plant in Magdeburg from 6.8 to 9.9 billion euros, political Berlin has been discussing this question.
The federal government celebrates having lured Intel here, also because the group has almost doubled its investment in Magdeburg. Many economists express harsh criticism, some speak of blackmail.
What was not publicly known until now: The federal government and Intel have not just agreed to increase subsidies. According to information from the Handelsblatt, the government, but above all Intel, has made a number of concessions that are tied to the subsidy.
1. Reclaim
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