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Europe Daily Bulletin No. 13367

9 March 2024
Contents Publication in full By article 10 / 25
ECONOMY - FINANCE - BUSINESS / State aid
European Commission approves Italian scheme worth €1.1 billion to support energy transition
Brussels, 08/03/2024 (Agence Europe)

The European Commission announced, on Friday 8 March, that it had authorised, under the Temporary Crisis and Transition Framework, an Italian scheme worth €1.1 billion to support investment in the production of the equipment needed to promote the transition to a so-called net-zero economy. This measure will be supported in part by the ‘Recovery and Resilience Facility’, the main instrument of the Next Generation EU Recovery Plan.

The measure will be open to companies that produce...

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