Announcement
06 Mar 2023
In March 2023, the European Commission approved the prolongation of 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
06 Mar 2023
Revocation date:
30 Jun 2024
Announced: 06 Mar 2023
Loan guarantee
On 6 March 2023, the European Commission approved a EUR 3 billion (USD 1.9 billion) budget increase for a loan guarantee scheme from Italy. The original scheme was approved in September 2022 (see rela...
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Related State Acts
Removed: 30 Jun 2023
Italy: SACE introduces 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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