Global Trade Alert
Global Trade Alert

Italy: EUR 1.2 billion scheme to support agricultural, forestry, fishery and aquaculture sectors in the context of Russia's invasion of Ukraine and the COVID-19 pandemic

Announcement

18 May 2022

In May 2022, the European Commission approved a state aid scheme to support companies operating in the agri-food, fishing, aquaculture, forestry, and floriculture sectors amid the current economic crisis caused by Russia's invasion of Ukraine and the Covid-19 pandemic.

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 May 2022

Revocation date:

16 Dec 2022

Updated: 18 May 2022
Tax or social insurance relief

On 18 May 2022, the European Commission approved a EUR 1.2 billion (USD 1.25 billion) tax reduction scheme from Italy. The aid will support all undertakings of al...

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Updated: 18 May 2022
State loan

On 18 May 2022, the European Commission approved a EUR 1.2 billion (USD 1.25 billion) state loan scheme from Italy. The aid will support all undertakings of all s...

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Updated: 18 May 2022
Financial grant

On 18 May 2022, the European Commission approved a EUR 1.2 billion (USD 1.25 billion) financial grant scheme from Italy. The aid will support all undertakings of ...

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