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Global Trade Alert

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Italy: Introduction of scheme to support companies, research activities and products needed to tackle the COVID-19 outbreak

Description

On 8 June 2021, the European Commission approved a EUR 800 (USD 974) million financial grant scheme from Italy. The aid will support companies affected by the COVID-19 outbreak and provide incentives ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Jun 2021

Revocation date

31 Dec 2022

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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