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Italy: Introduction of EUR 2.9 billion scheme to support SMEs and mid-caps in the context of Russia's invasion of Ukraine

Description

On 29 July 2022, the European Commission approved a EUR 2.9 billion (USD 2.95 billion) financial grant scheme from Italy. The aid will support all SMEs and mid-caps (maximum 1'500 employees) irrespect...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Jul 2022

Revocation date

31 Dec 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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