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Global Trade Alert

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Italy: Introduction of financial grant scheme to businesses operating in historic city centres (COVID-19)

Description

On 3 December 2020, the European Commission approved a EUR 500 (USD 607) million financial grant scheme from Italy. The aid will support all businesses selling goods or services, except financial serv...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Dec 2020

Revocation date

14 Jan 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

location-specific

Affected Trading Partners

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Affected Products

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