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Global Trade Alert

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Italy: EUR 300 million international support to businesses in the context of the COVID-19 pandemic

Description

On 31 July 2020, the EU approved an Italian state aid measure that provides direct grants for EUR 300 million (approx. USD 353.4 million) to SMEs engaging in international activities and operations, a...

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Intervention Details

Intervention Type

Other export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

31 Jul 2020

Revocation date

12 Jan 2021

Implementation level

National

Affected flow

Outward subsidy

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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