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Italy: EU approves EUR 2 billion trade credit insurance scheme (COVID-19)

Description

On 13 August 2020, the EU approved a EUR 2 billion (approx. USD 2.4 billion) Italian state aid to support the market of trade credit insurance in the context of the economic crisis generated by the CO...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Aug 2020

Revocation date

30 Jun 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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