Global Trade Alert
Global Trade Alert

Italy: Introduction of direct grant scheme to support SMEs and Midcaps in the context of the Russian invasion of Ukraine

Announcement

28 Sep 2022

In September 2022, the European Commission approved a financial grant scheme from Italy to support undertakings of all sectors affected by the socio-economic consequences of the current Russian invasion of Ukraine.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Sep 2022

Revocation date:

31 Dec 2022

Announced: 28 Sep 2022
Financial grant
On 28 September 2022, the European Commission approved a EUR 700 million (USD 677 million) financial grant scheme from Italy. The aid will support SMEs and mid-caps from Italy in all economic sectors ...
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