Global Trade Alert
Global Trade Alert

Italy: Introduction of a direct grant scheme to support tourist-accommodation businesses

Announcement

15 Sep 2021

On 15 September 2021, the European Commission approved a financial grant scheme to support tourist-accommodation businesses facing a liquidity crisis as a result of the COVID-19 outbreak.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Sep 2021

Revocation date:

31 Dec 2021

Updated: 15 Sep 2021
Financial grant
<p>On 15 September 2021, the European Commission approved a EUR 200 (USD 236) million&nbsp;financial grant&nbsp;scheme from Italy. The aid will support tourist accommodation undertakings...
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