Global Trade Alert
Global Trade Alert

Italy: EC approves grant scheme to support tour operators and travel agencies (COVID-19)

Announcement

04 Dec 2020

In December 2020, the European Commission approved a EUR 625 million (approx. USD 759 million) aid scheme to support Italian travel agencies and tour operators that have been negatively affected by the COVID-19 outbreak.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Dec 2020

Revocation date:

31 Dec 2021

Updated: 04 Dec 2020
Financial grant
<p>On 4 December 2020, the European Commission approved a EUR 625 million (approx. USD 759 million) Italian aid scheme to compensate tour operators and travel agencies for the financial losses s...
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