Global Trade Alert
Global Trade Alert

Italy: Third prolongation and budget decrease of a guarantee scheme for the securitisation of non-performing loans

Announcement

27 May 2019

In May 2019, the European Commission approved a third prolongation of a guarantee scheme from Italy aimed at securitizing Italian bank's non-performing loans.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

27 May 2019

Revocation date:

14 Jun 2022

Updated: 27 May 2019
Loan guarantee

On 19 February 2019, the Italian government notified the third prolongation of a state guarantee scheme from Italy with a lower budget. On 27 May 2019, the European Commission approved the mea...

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