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
0 in force
Implementation date
18 May 2022
Revocation date:
No revocation date
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 all sizes operating in the sectors of ...
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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 sizes operating in the sectors of agri-...
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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 all sizes operating in the sectors of ag...
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Related State Acts
19 Mar 2020
EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)
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)
16 Dec 2022
Italy: Extension and budget intensity reduction of scheme to support agricultural, forestry, fishery and aquaculture sectors in the context of Russia's invasion of Ukraine and the COVID-19 pandemic
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