Global Trade Alert
Global Trade Alert

Italy: EC approves EUR 6.2 billion grant scheme for SMEs (COVID-19)

Announcement

08 Jul 2020

In July 2020, the European Commission approved a EUR 6.2 billion (approx. USD 7 billion) Italian state aid that establishes a grants scheme to support SMEs and self-employed in the context of the COVID-19 pandemic.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Jul 2020

Revocation date:

31 Dec 2020

Announced: 08 Jul 2020
Financial grant
On 8 July 2020, the EU approved an Italian state aid measure that establishes a EUR 6.2 billion (approx. USD 7 billion) grants scheme to support SMEs and self-employed negatively affected by the COVID...
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