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Italy: Budget increase of a temporary aid scheme to support Italian SMEs (COVID-19)

Description

On 16 June 2020, the European Commission approved a budget increase raising the budget of SA.56966 (Loan guarantee schemes under the Fondo di garanzia per le PMI, see related state act) from EUR 1.7 b...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Jun 2020

Revocation date

30 Jun 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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