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Italy: EUR 6 billion in financial measures for SMEs (COVID-19)

Description

On 31 July 2020, the EU approved a EUR 6 billion (approx. USD 7.1 billion) Italian state aid measure that provides subsidies and tax credits in relation to equity investments, tax credits, as well as ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Jul 2020

Revocation date

30 Jun 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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