Announcement
31 Jul 2020
In July 2020, the European Commission approved a EUR 6 billion (approx. USD 7.1 billion) Italian state aid that provides tax credits and subordinated loan schemes to businesses in the context of the COVID-19 pandemic.
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
31 Jul 2020
Revocation date:
31 Dec 2021
Updated: 31 Jul 2020
State loan
<p>On 31 July 2020, the EU approved a EUR 6 billion (approx. USD 7.1 billion) Italian state aid measure that provides subsidies and tax credits in relation to equity investments, tax cr...
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Implementation date
31 Jul 2020
Revocation date:
30 Jun 2021
Updated: 31 Jul 2020
Tax or social insurance relief
<p>On 31 July 2020, the EU approved a EUR 6 billion (approx. USD 7.1 billion) Italian state aid measure that provides subsidies and tax credits in relation to equity investments, tax cr...
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Implementation date
31 Jul 2020
Revocation date:
31 Dec 2020
Updated: 31 Jul 2020
Financial grant
<p>On 31 July 2020, the EU approved a EUR 6 billion (approx. USD 7.1 billion) Italian state aid measure that provides subsidies and tax credits in relation to equity investments, tax credits, as...
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