Announcement
26 Mar 2021
In March 2021, the European Commission approved a budget increase of EUR 145 million (approx. USD 171 million) for an already amended aid scheme that provides direct grants to Italian businesses engaging in international activities and operations (see related state acts).
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
26 Mar 2021
Revocation date:
31 Dec 2021
Prolonged: 11 Jan 2022
Italy: Third budget of direct grant scheme to support businesses engaging in international operations
Removed: 30 Jun 2021
Italy: EC approves budget increase for grant scheme to support businesses engaging in international operations (COVID-19)
End prolongation: 30 Jun 2021
Italy: EUR 300 million international support to businesses in the context of the COVID-19 pandemic
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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