Global Trade Alert
Global Trade Alert

Italy: Prolongation and budget increase of state aid schemes as a result of COVID-19

Announcement

06 May 2021

On 6 May 2021, the European Commission prolonged and approved various state aid support for businesses as a result of COVID-19. 

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

15 Jul 2020

Revocation date:

No revocation date

Financial grant

On 6 May 2021, the European Commission prolonged and approved a budget increase of EUR 500 million (USD 570 million) for a scheme providing financial support through grants, among others, from Italy. ...

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State loan

On 6 May 2021, the European Commission prolonged and approved a budget increase of EUR 500 million (USD 570 million) for a scheme providing financial support through state loans, among others, from It...

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Tax or social insurance relief

On 6 May 2021, the European Commission prolonged and approved a budget increase of EUR 500 million (USD 570 million) for a scheme providing financial support through tax and social insurance relief, a...

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