Announcement
15 Dec 2020
In December 2020, the European Commission approved an extension of EUR 1 billion (approx. USD 1.21 billion) to the EUR 9 billion umbrella scheme Regime Quadro, which consists of several financial support measures for businesses affected by the COVID-19 pandemic in Italy (see related state act).
Source
Number of interventions
4
4 certainly harmful
0 likely harmful
0 liberalising
Implementation date
15 Dec 2020
Revocation date:
09 Apr 2021
End prolongation: 30 Jun 2022
Italy: Second extension of the Regime Quadro scheme to support Italian businesses (COVID-19)
Removed: 31 Dec 2020
Italy: Introduction of the umbrella scheme Regime Quadro to support Italian companies following the outbreak of 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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