Announcement
29 Jul 2022
In July 2022, the European Commission approved a direct grant and guarantee scheme from Italy to support SMEs and mid-caps affected by the consequences of the current economic crisis caused by the Russian invasion of Ukraine.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
29 Jul 2022
Revocation date:
31 Dec 2023
End prolongation: 31 Dec 2023
Loan guarantee
On 29 July 2022, the European Commission approved a EUR 2.9 billion (USD 2.95 billion) loan guarantee scheme from Italy. The aid will support all SMEs and mid-caps (maximum 1'500 employees) irrespecti...
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End prolongation: 31 Dec 2023
Financial grant
On 29 July 2022, the European Commission approved a EUR 2.9 billion (USD 2.95 billion) financial grant scheme from Italy. The aid will support all SMEs and mid-caps (maximum 1'500 employees) irrespect...
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