In order to qualify for the aid schemes, the investment projects should entail initial investment, for example, investment in buildings, machinery, intangible assets, and should meet certain conditions (i.e. creation of new production units, expansion of existing production units’ capacity, etc.).
3  See, for example, Ricardo J. Caballero, Emmanuel Farhi, and Pierre-Olivier Gourinchas (2008), “An Equilibrium Model of ‘Global Imbalances’ and Low Interest Rates,” American Economic Review, vol. 98 (1), pp. 358–93; and Ricardo J. Caballero and Arvind Krishnamurthy (2009), “Global Imbalances and Financial Fragility,” American Economic Review: Papers & Proceedings, vol. 99 (May), pp. 584–88.