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Italy: Introduction of a guarantee scheme for the securitisation of non-performing loans

Description

On 10 February 2016, the European Commission approved a state guarantee scheme from Italy. The scheme will support banks on a voluntary and open basis. The estimated overall maximum budget of the guar...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Feb 2016

Revocation date

06 Mar 2019

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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