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Italy: EUR 1.1 billion direct grant scheme to support production of green technology equipment and materials

Description

On 8 March 2024, the European Commission approved a EUR 1.1 (USD 1.2) billion financial grant scheme from Italy. The state aid will incentivise the production of "equipment, key components and critica...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Mar 2024

Revocation date

31 Dec 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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