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Italy: Approval of a EUR 31.9 billion scheme to help companies address the consequences of the Covid-19 outbreak

Description

On 15 October 2021, the European Commission approved a EUR 23 (USD 26.6) billion financial grant measure from Italy to support companies to pay their uncovered fixed costs and support the liquidity of...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Oct 2021

Revocation date

30 Jun 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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