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Italy: SACE introduces scheme for the reinsurance of the natural gas and electricity trade credit risks

Description

On 30 September 2022, the European Commission approved a EUR 2 billion (USD 1.9 billion) loan guarantee scheme from Italy. The aid will support companies of all sizes and sectors that face trade credi...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Sep 2022

Revocation date

06 Mar 2023

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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