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Structured register of government actions in the geoeconomic space — export controls, tariffs, sanctions, FDI screening, subsidies, industrial-policy laws — cross-referenced into the country, minerals, and ETF surface. Charter: docs/IPTM_CHARTER.md.
Severity 1-5 is the qualitative impact rating (1=minor, 5=structural). The bilateral-trade-grounded quant scorer is the next IPTM milestone. RBI (Register Breadth Index) is a complementary structural-breadth indicator from scripts/py/iptm/breadth.py; divergence between RBI and severity is itself informative (high-sev / low-RBI = strategic chokepoint; low-sev / high-RBI = broad but shallow). Every action has at least one primary source URL. Verify-or-don't-file. See also themes, timeline, graph, sankey, map, country exposure, sector exposure, material exposure (+ graph), weekly briefs, portfolio scan, escalation monitor, trans-shipment hubs. Internal triage tools (RSS-poller candidate feed, source-feed health) live under /admin/candidates + /admin/sources. Subscribe via Atom feed (accepts ?country=CN, ?material=lithium, ?issuer=BIS, ?type=export_control, ?etf=SOXX, ?company=NVDA, ?minSeverity=4, ?year=2026, ?q=…) or pull /api/iptm/actions.
The European Commission approved a EUR 61 million Belgian state rescue loan to Lineas Group, Europe's largest private rail-freight operator, to cover short-term liquidity needs. The Commission cleared the loan under Article 107(3)(c) TFEU and the EU Guidelines on Rescue and Restructuring Aid (case SA.120185), citing an unexpected slowdown in industrial demand for rail freight in the European steel, automotive and chemical sectors. Belgium has committed to submit a restructuring plan if the loan is not repaid within six months. In a related decision (case SA.101469) the Commission found that two earlier 2023-2024 capital injections into Lineas by the Belgian sovereign fund SFPIM alongside private co-investor Argos Wityu were made on market terms and do not constitute state aid.
The European Commission approved a French State aid scheme (case SA.117491) that partially reimburses the "T2" pension surcharge paid by rail-freight transport companies for certain statutory employees who continue working in the sector after leaving incumbent operator SNCF. The scheme runs for ten years from 1 January 2025 with a EUR 225 million budget, ccompensating compensating new employers for the employer's share of the T2 contribution so that hiring former SNCF statutory staff does not carry a pension-cost penalty relative to hiring non-statutory workers. The Commission cleared the measure under Article 107(3)(c) TFEU as compatible State aid aimed at correcting a competitive distortion inherited from France's historic rail-pension architecture.
The European Commission approved EUR 24.5 million (EUR 22.2 million in real terms) of Italian state aid to Interporto Bologna, the public-private operator of a multimodal freight terminal near Bologna sitting at the junction of three TEN-T corridors. The direct-grant funding, notified by Italian authorities and cleared on 2 October 2025 under the "no objection" procedure, covers roughly 73% of the aid-relevant cost of adding five 750-metre rail tracks and expanding the platform by about 80,000 m², against total project costs of EUR 33.4 million. The stated policy purpose is to shift Emilia-Romagna freight traffic from road to rail; construction began July 2024 with the expanded terminal targeted for 2027.
The European Commission approved, under EU State aid rules (case SA.118317), a €300 million Slovak scheme to support railway undertakings and rolling-stock owners purchasing new rail freight wagons. Support takes the form of direct grants covering up to 50% of acquisition costs, capped at €200 million per applicant. The Commission assessed the scheme under Article 93 TFEU (transport coordination aid) and found it consistent with the EU's modal-shift goal of moving freight from road to rail.