Announcement
11 Mar 2024
In March 2024, the European Commission approved the reintroduction of a scheme from Italy to support SMEs and mid-caps affected by the consequences of the current economic crisis caused by 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
11 Mar 2024
Revocation date:
30 Jun 2024
Announced: 11 Mar 2024
Loan guarantee
On 11 March 2024, the European Commission approved the reintroduction of a loan guarantee scheme from Italy originally introduced in July 2022 (see related state act). The aid will support all SMEs an...
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Related State Acts
End prolongation: 31 Dec 2023
Italy: Introduction of EUR 2.9 billion scheme to support SMEs and mid-caps in the context of Russia's invasion of Ukraine
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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