Global Trade Alert
Global Trade Alert

Italy: Introduction of the umbrella scheme Regime Quadro to support Italian companies following the outbreak of COVID-19

Announcement

21 May 2020

In May 2020, the European Commission approved the Italian notified umbrella scheme Regime Quadro consisting of several financial support measures to local companies affected by the COVID-19 outbreak.

Source

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 May 2020

Revocation date:

15 Dec 2020

Removed: 31 Dec 2020
Interest payment subsidy
On 21 May 2020, Regime Quadro was introduced following the EU Commission's approval on the same day. The Italian authorities estimate that the scheme has a total budget of EUR 9 billion (approx. USD 9...
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Removed: 31 Dec 2020
Financial grant
On 21 May 2020, Regime Quadro was introduced following the EU Commission's approval on the same day. The Italian authorities estimate that the scheme has a total budget of EUR 9 billion (approx. USD 9...
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Removed: 31 Dec 2020
Loan guarantee
On 21 May 2020, the European Commission approved the umbrella scheme Regime Quadro notified by the Italian authorities in April 2020. The Italian authorities estimate that the scheme has a total budge...
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Removed: 31 Dec 2020
State loan
On 21 May 2020, the umbrella scheme Regime Quadro was introduced following the outbreak of COVID-19. The Italian authorities estimate that the scheme has a total budget of EUR 9 billion (approx. USD 9...
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