Global Trade Alert
Global Trade Alert

Italy: Budget increase of a temporary aid scheme to support Italian SMEs (COVID-19)

Announcement

16 Jun 2020

In June 2020, the European Commission approved an amendment of a loan guarantee scheme to support Italian SMEs following the outbreak of COVID-19.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Jun 2020

Revocation date:

30 Jun 2021

End prolongation: 30 Jun 2021
Loan guarantee
On 16 June 2020, the European Commission approved a budget increase raising the budget of SA.56966 (Loan guarantee schemes under the Fondo di garanzia per le PMI, see related state act) from EUR 1.7 b...
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