Italy: EU approves EUR 2 billion trade credit insurance scheme (COVID-19)

Announcement

13 Aug 2020

In August 2020, the European Commission approved a EUR 2 billion (approx. USD 2.4 billion) Italian guarantee scheme to support trade credit insurance market in the context of the COVID-19 pandemic.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

13 Aug 2020

Revocation date:

No revocation date

Loan guarantee

On 13 August 2020, the EU approved a EUR 2 billion (approx. USD 2.4 billion) Italian state aid to support the market of trade credit insurance in the context of the economic crisis generated by the CO...

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