On Tuesday 19 July, the European Commission authorised €10 billion in Italian aid to support businesses in various sectors in the context of the Russian invasion of Ukraine.
The scheme has been approved under the State aid Temporary Crisis Framework adopted by the Commission on 23 March 2022.
It is a €10 billion loan guarantee scheme aimed at providing businesses with liquidity support. The measure will be open to companies of all sizes and sectors active in Italy, with the...