Global Trade Alert
Global Trade Alert

Italy: Introduction of scheme to support the liquidation of Italian small banks

Announcement

20 Nov 2020

On 20 November 2020, the European Commission approved a state aid scheme from Italy to support the liquidation of small banks.

 

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Nov 2020

Revocation date:

20 Nov 2021

Announced: 20 Nov 2020
Financial grant
On 20 November 2020, the European Commission approved the setup of a EUR 100 (USD 125) million fund from Italy which will finance a scheme for the liquidation of small banks with assets below EUR 5 bi...
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Announced: 20 Nov 2020
Loan guarantee
On 20 November 2020, the European Commission approved the setup of a EUR 100 (USD 125) million fund from Italy which will finance a scheme for the liquidation of small banks with assets below EUR 5 bi...
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Announced: 20 Nov 2020
Tax or social insurance relief
On 20 November 2020, the European Commission approved the setup of a EUR 100 (USD 125) million fund from Italy which will finance a scheme for the liquidation of small banks with assets below EUR 5 bi...
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