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Global Trade Alert

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Italy: Introduction of direct grant scheme to support shipping companies

Description

On 8 June 2022, the European Commission approved a EUR 70 million (USD 75 million) financial grant scheme from Italy. The aid will support shipping companies that have suffered from the economic restr...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Jun 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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