Global Trade Alert
Global Trade Alert

Italy: Introduction of state loan and loan guarantee scheme to support sports entities

Announcement

17 Aug 2021

In August 2021, the European Commission approved an Italian aid scheme to support associations and amateur sports entities in overcoming financial difficulties resulting from the Covid-19 pandemic. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

17 Aug 2021

Revocation date:

No revocation date

Loan guarantee

On 17 August 2021, the European Commission approved a EUR 30 (USD 35) million measure in the form of loan guarantees to compensate Italian sports entities, for the damages suffered due to the governme...

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State loan

On 17 August 2021, the European Commission approved a EUR 13 (USD 15) million measure in the form of state loans to compensate Italian sports entities, for the damages suffered due to the government t...

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