Global Trade Alert
Global Trade Alert

Italy: Budget increase and extension of SACE's temporary state guarantee scheme to support Italian companies amid Russia's invasion of Ukraine

Announcement

20 Dec 2022

In December 2022, the European Commission approved an amendment to the Italian SACE Guarantee Scheme in order to support Italian companies in dealing with the economic uncertainties caused by Russia's invasion of Ukraine.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

20 Dec 2022

Revocation date:

No revocation date

Loan guarantee

On 20 December 2022, the European Commission approved an amendment and extension of the SACE's temporary state guarantee scheme. The amendment extends the scheme until 31 December 2023 and provides fo...

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