On Friday 12 July, the European Commission announced that it had authorised, under the State aid Temporary Crisis and Transition Framework, a €400 million Italian State aid scheme (SA.109439) designed to support the reduction of emissions from industrial processes by at least 40% and/or to reduce the energy consumption of these processes by at least 20% compared to today.
Under the scheme, the aid will take the form of direct grants and subsidised loans not exceeding €200 million per...