Announcement
18 Feb 2021
In February 2021, the European Commission approved significant amendments to a COVID-19 Italian scheme that provides partial exemptions from the payment of social security contributions to employers located in the regions of Southern Italy (see related state act). These amendments include a budget increase of EUR 4,836.4 billion (USD 5,687 million) and the extension of its coverage until 31 December 2021.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
18 Feb 2021
Revocation date:
29 Dec 2021
Removed: 31 Dec 2021
Tax or social insurance relief
On 18 February 2021, the European Commission approved the extension of a COVID-19 Italian scheme that provides partial exemptions from the payment of social security contributions to employers located...
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Related State Acts
Announced: 29 Dec 2021
Italy: Second budget increase and extension of social security exemption scheme to support enterprises in Southern Italy regions (COVID-19)
End prolongation: 30 Jun 2021
Italy: EC approves social security payment reductions for enterprises in the regions of Southern Italy (COVID-19)
Announced: 19 Mar 2020
EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)
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