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Global Trade Alert

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Italy: Budget increase and extension of direct grant scheme to support the digital transformation of broadcasters, publishers and news agencies

Description

On 13 May 2024, the European Commission approved a EUR 55 million (USD 59 million) budget increase for a financial grant scheme from Italy originally approved in July 2023 (see related state act). The...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 May 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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