Global Trade Alert
Global Trade Alert

Italy: EC approves EUR 370 million grant scheme to support congress and fair industry (COVID-19)

Announcement

17 Dec 2020

In December 2020, the European Commission approved a EUR 370 million Italian state aid scheme to support the Italian companies active in the congress and fair industry for the financial losses suffered due to the COVID-19 outbreak.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Dec 2020

Revocation date:

31 Dec 2021

End prolongation: 31 Dec 2021
Financial grant
On 17 December 2020, the European Commission approved a EUR 370 million (approx. USD 453.7 million) Italian state aid measure to support the companies active in the congress and fair industry. This su...
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