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Italy: Introduction of scheme to support the liquidation of Italian small banks

Description

On 20 November 2020, the European Commission approved the setup of a EUR 100 (USD 125) million fund from Italy which will finance a scheme for the liquidation of small banks with assets below EUR 5 bi...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Nov 2020

Revocation date

20 Nov 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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