On Wednesday 28 September, the European Commission approved a €700 million Italian scheme to support companies in the context of Russia’s war against Ukraine. This public support was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March and amended at the end of July.
The measure will be open to small and medium-sized enterprises and mid-cap companies (entities with less than 1,500 employees) active in all sectors affected by the current...