Italy: Second extension of the Regime Quadro scheme to support Italian businesses (COVID-19)

Announcement

09 Apr 2021

In April 2021, the European Commission approved a EUR 2.5 billion (approx. USD 2.97 billion) budget extension for the EUR 10 billion umbrella scheme Regime Quadro. Introduced in May 2020, this scheme consists of several financial support measures for businesses affected by the COVID-19 pandemic in Italy and already experienced a budget increase in December 2020 (see related state acts).

Source

Number of interventions

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Apr 2021

Revocation date:

30 Jun 2022

Updated: 09 Apr 2021

Interest payment subsidy

<p>On 9 April 2021, the European Commission approved a second budget increase of EUR 2.5 billion (approx. USD 2.97 billion) for the umbrella scheme Regime Quadro, an Italian scheme aiming at sup...

Updated: 09 Apr 2021

Financial grant

<p>On 9 April 2021, the European Commission approved a second budget increase of EUR 2.5 billion (approx. USD 2.97 billion) for the umbrella scheme Regime Quadro, which was initially estimated a...

Updated: 09 Apr 2021

Loan guarantee

<p>On 9 April 2021, the European Commission approved a second budget increase of EUR 2.5 billion (approx. USD 2.97 billion) for the Regime Quadro scheme, an Italian scheme aiming at supporting I...

Updated: 09 Apr 2021

State loan

<p>On 9 April 2021, the European Commission approved an increase of EUR 2.5 billion (approx. USD 2.97 billion) to the budget of the Regime Quadro scheme in Italy, which aims at supporting Italia...