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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

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Affected Sectors

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Affected Products

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