Announcement
07 Dec 2020
In December 2020, the European Commission approved a budget extension of EUR 300 million (approx. USD 364 million) to a EUR 1.2 billion umbrella scheme to support businesses in the agricultural, forestry, fishery and aquaculture sectors affected by the COVID-19 pandemic in Italy (see related state act). The approved amendment also included the prolongation of the present scheme and the inclusion of new forms of aid.
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Number of interventions
4
4 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
07 Dec 2020
Revocation date:
06 May 2021
Removed: 30 Jun 2021
Tax or social insurance relief
On 7 December 2020, the European Commission approved an increase of EUR 300 million (approx. USD 364 million) to the budget of a EUR 1.2 billion Italian aid scheme that aims at supporting the agricult...
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Removed: 30 Jun 2021
Loan guarantee
On 7 December 2020, the European Commission approved an increase of EUR 300 million (approx. USD 364 million) to a EUR 1.2 billion Italian aid scheme that offers financial support in multiple forms fo...
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Removed: 30 Jun 2021
State loan
On 7 December 2020, the European Commission approved an increase of EUR 300 million (approx. USD 364 million) to the budget of a EUR 1.2 billion Italian aid scheme that supports the agricultural, fore...
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Removed: 30 Jun 2021
Financial grant
On 7 December 2020, the European Commission approved an increase of EUR 300 million (approx. USD 364 million) to the budget of a EUR 1.2 billion Italian aid scheme that aims at supporting the agricult...
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Related State Acts
Announced: 28 Jan 2022
Italy: Reintroduction of financial support to the agricultural, forestry, fishery and aquaculture sectors with a new budget
Announced: 06 May 2021
Italy: Prolongation and budget increase of state aid schemes as a result of COVID-19
Removed: 31 Dec 2020
Italy: EUR 1.2 billion financial support to the agricultural, forestry, fishery and aquaculture sectors (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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