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

0 in force

Implementation date

17 Nov 2022

Revocation date:

No revocation date

Financial grant

On 17 November 2022, the European Commission approved a EUR 120 million (USD 124 million) financial grant scheme from Italy. The aid will support all Italian SMEs operating in all sectors of the econo...

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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