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Italy: Introduction of direct grant scheme to support SMEs and Midcaps in the context of the Russian invasion of Ukraine

Description

On 28 September 2022, the European Commission approved a EUR 700 million (USD 677 million) financial grant scheme from Italy. The aid will support SMEs and mid-caps from Italy in all economic sectors ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Sep 2022

Revocation date

31 Dec 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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