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Italy: Introduction of EUR 150 million Sicilian Energy Bonus Scheme

Description

On 9 August 2023, the European Commission approved a EUR 150 (USD 164) million Italian financial grant scheme to compensate Sicilian companies for rising costs of gas and electricity incurred in 2022 ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

09 Aug 2023

Revocation date

30 Jun 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

location-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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