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

Implementation date

17 Aug 2021

Revocation date:

31 Dec 2021

Updated: 17 Aug 2021
State loan
<p>On 17&nbsp;August 2021, the European Commission approved a EUR&nbsp;13 (USD 15) million measure in the form of state loans&nbsp;to compensate&nbsp;Italian sports entities, for...
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Updated: 17 Aug 2021
Loan guarantee
<p>On 17&nbsp;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 d...
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