The European Commission approved, on Friday 15 October, a €31.9 billion Italian scheme to support companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework.
Italy notified a scheme consisting of two measures: - limited amounts of aid; - support for uncovered fixed costs incurred in the period between March 2020 and December 2021 or parts of that period.
The aid will be open to all companies, regardless of their size and sector of...