Italy: Introduction of EUR 120 million direct grant scheme to support SMEs affected by the Ukrainian crisis

Announcement

17 Nov 2022

In November 2022, the European Commission approved a EUR 120 million direct grant scheme to support Italian SMEs affected by the economic disturbances caused by the Russian aggression against Ukraine.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Nov 2022

Revocation date:

31 Dec 2023

Updated: 17 Nov 2022

Financial grant

<p>On 17 November 2022, the European Commission approved a EUR 120 million (USD 124 million) financial grant scheme from Italy. The aid will...

Related State Acts

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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