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Europe Daily Bulletin No. 13008

27 August 2022
Contents Publication in full By article 13 / 25
ECONOMY - FINANCE - BUSINESS / State aid
Green light for market-conforming Italian system for management of loans with State guarantees
Brussels, 26/08/2022 (Agence Europe)

The European Commission found on Friday 26 August that Italy’s plan to allow the transfer of certain state-guaranteed loans to a newly created platform managed by AMCO S.p.A. did not involve state aid.

The scheme, according to the institution, provides for a market-oriented remuneration for the Italian State. In addition, the sale of loans to the AMCO-managed platform and any new loans granted by the platform will be in line with market conditions.

Italy has notified its intention to...

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