Global Trade Alert
Global Trade Alert

Italy: State aid to Tercas bank

Announcement

23 Dec 2015

In December 2015, the government of Italy announced a targeted tax change.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

07 Jul 2014

Revocation date:

No revocation date

Tax or social insurance relief

On 23 December 2015, the European Commission announced that state aid granted to the Italian bank Tercas was incompatible with the single market and had to recovered. The state aid was granted to the...

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Capital injection and equity stakes (including bailouts)

On 23 December 2015, the European Commission announced that state aid granted to the Italian bank Tercas was incompatible with the single market and had to recovered. The state aid was granted to the...

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Loan guarantee

On 23 December 2015, the European Commission announced that state aid granted to the Italian bank Tercas was incompatible with the single market and had to recovered. The state aid was granted to the...

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