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Italy: Introduction and prolongation of bank securitisation scheme

Description

On 10 February 2016, the European Commission approved the Italian securitisation scheme. The scheme is meant to guarantee and later remove non-performing loans ("NPLs") off the balance sheets of Itali...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Feb 2016

Revocation date

26 May 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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