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Italy: Modification to the recapitalization measures in favor of the financial sector

Description

On 23 December 2008 the European Commission authorized a recapitalization scheme introduced by Italywith a view to supporting the financing of the economy. The legal basis is article 12 of Decree-Law ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Feb 2009

Revocation date

21 Dec 2009

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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