Announcement
30 Sep 2022
In September 2022, the European Commission approved a loan guarantee scheme to support Italian companies facing trade credit risks in the context of the Russian invasion of Ukraine.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
30 Sep 2022
Revocation date:
06 Mar 2023
Removed: 30 Jun 2023
Loan guarantee
On 30 September 2022, the European Commission approved a EUR 2 billion (USD 1.9 billion) loan guarantee scheme from Italy. The aid will support companies of all sizes and sectors that face trade credi...
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Related State Acts
Announced: 06 Mar 2023
Italy: Prolongation and budget increase of SACE's scheme for the reinsurance of the natural gas and electricity trade credit risks
Announced: 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)
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