The European Commission approved, on Friday 10 June, a €24 million Italian scheme to support workers’ cooperatives in the context of the coronavirus pandemic.
This aid was approved under the Temporary Framework for State Aid.
The measure will be open to workers’ cooperatives established, as of 1 January 2022, under the form of small enterprises, in order to take over previous businesses heavily affected by the coronavirus pandemic.
The scheme aims to reduce the labour costs borne by...