Global Trade Alert
Global Trade Alert

Italy: Reactivation of SACE's temporary state guarantee scheme to support Italian companies amid Russia's invasion of Ukraine

Announcement

19 Jul 2022

In July 2022, the European Commission approved the reactivation of an Italian loan guarantee scheme originally approved in April 2020 (see related state act). The SACE Guarantee Scheme was reactivated in order to support Italian companies in dealing with the economic uncertainties caused by Russia's invasion of Ukraine.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Jul 2022

Revocation date:

20 Dec 2022

Updated: 19 Jul 2022
Loan guarantee
<p>On&nbsp;19&nbsp;July 2022, the European Commission approved the reactivation of the&nbsp;SACE's temporary state guarantee scheme with a budget of EUR&nbsp;10&nbsp;bil...
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Related State Acts

11 Dec 2023

Italy: SACE grants loan guarantee to support Illumia

07 Nov 2023

Italy: SACE grants loan guarantee to support B2G Siciliy Srl

18 Oct 2023

Italy: SACE grants loan guarantee to support Itelyum Group

21 Sep 2023

Italy: SACE grants loan guarantee to support Aquafil SpA

07 Sep 2023

Italy: SACE grants loan guarantee to support the Carraro Group

31 Jul 2023

Italy: SACE introduces loan guarantee in favour of Goglio Group

10 Jul 2023

Italy: SACE grants loan guarantee to support Casalasco Società Agricola SpA

12 Jun 2023

Italy: SACE introduces loan guarantee to support Aboca SpA

05 Jun 2023

Italy: SACE introduces loan guarantee to support Sorgenia

12 May 2023

Italy: SACE introduces loan guarantee to support MM SpA

04 May 2023

Italy: SACE Group introduces loan guarantee to support Rekeep SpA

14 Apr 2023

Italy: SACE provides EUR 43.3 million guarantee to support CPL Concordia

12 Apr 2023

Italy: SACE provides EUR 10 million guarantee to support Sibeg Coca-Cola's development

27 Mar 2023

Italy: SACE introduces loan guarantee to support Iperceramica's development plan

21 Dec 2022

Italy: SACE introduces loan guarantee to support the SGR Group

20 Dec 2022

Italy: Budget increase and extension of SACE's temporary state guarantee scheme to support Italian companies amid Russia's invasion of Ukraine

21 Nov 2022

Italy: SACE introduces loan guarantee to support Unoenergy's sustainability plan

24 Mar 2022

EU: Commission adopts state aid Temporary Crisis Framework to provide financial support in the context of the Russian invasion of Ukraine (extended until 2023)

13 Apr 2020

Italy: Introduction of temporary state guarantee scheme to support Italian companies (COVID-19)

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