The European Commission approved on Tuesday 6 October Italian State Aid worth 1.5 billion euros to support companies affected by Covid-19 operating in the southern regions of Italy. The scheme was approved under the Temporary Framework for State Aid.
Executive Vice-President Margrethe Vestager, in charge of Competition Policy, said that the Italian measure “will support labour and help companies active in the regions of Southern Italy tackle the liquidity issues they are facing as a...