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Italy: Third prolongation and budget decrease of a guarantee scheme for the securitisation of non-performing loans

Description

On 19 February 2019, the Italian government notified the third prolongation of a state guarantee scheme from Italy with a lower budget. On 27 May 2019, the European Commission approved the measure. Th...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 May 2019

Revocation date

14 Jun 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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