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.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
0 in force
Implementation date
19 Jul 2022
Revocation date:
No revocation date
On 19 July 2022, the European Commission approved the reactivation of the SACE's temporary state guarantee scheme with a budget of EUR 10 billion (USD 10.2 billion) loan guarantee scheme from Italy va...
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