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Global Trade Alert

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Italy: Budget increase and extension of SACE's temporary state guarantee scheme to support Italian companies amid Russia's invasion of Ukraine

Description

On 20 December 2022, the European Commission approved an amendment and extension of the SACE's temporary state guarantee scheme. The amendment extends the scheme until 31 December 2023 and provides fo...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Dec 2022

Revocation date

31 Dec 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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