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

Implementation date

07 Jul 2014

Revocation date:

06 Dec 2015

Last action: 23 Dec 2015
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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Last action: 23 Dec 2015
Financial grant
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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Last action: 23 Dec 2015
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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