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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

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Affected Sectors

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Affected Products

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