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Global Trade Alert

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Italy: Introduction of a EUR 400 million to support large companies in financial difficulty

Description

On 16 August 2021, the European Commission approved a EUR 400 (USD 469) million state loan scheme from Italy. The aid will support large companies operating in any sector. The scheme is in force until...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Aug 2021

Revocation date

30 Jun 2022

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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