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Italy: Prolongation and budget increase of state aid schemes as a result of COVID-19

Description

On 6 May 2021, the European Commission prolonged and approved a budget increase of EUR 500 million (USD 570 million) for a scheme providing financial support through state loans, among others, from It...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Jul 2020

Revocation date

31 Dec 2021

Implementation level

National

Affected flow

Inward

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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