Announcement
23 Dec 2020
In December 2020, the European Commission approved the prolongation and amendment of the state aid cases 56963, 57289 and 57937 for Italy. These amendments included, among others, the introduction of a EUR 5 billion grant scheme (approx. USD 6.1 billion) to support mid-cap companies and the extension of a subordination loan scheme for medium-sized companies.
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Number of interventions
2
1 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
01 Jan 2021
Revocation date:
30 Jun 2021
Updated: 23 Dec 2020
State loan
<p>On 31 July 2020, the European Commission approved the introduction of an Italian subordination loan scheme for medium-sized companies, with a budget of EUR 4 billion for the year 2020 (see re...
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Implementation date
01 Jan 2021
Revocation date:
30 Jun 2021
Updated: 23 Dec 2020
Financial grant
<p>On 23 December 2020, the European Commission approved a EUR 5 billion aid scheme (approx. USD 6.1 billion) to support mid-cap companies that already benefit from an existing loan guarantee sc...
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