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Europe Daily Bulletin No. 8808

16 October 2004
Contents Publication in full By article 29 / 46
GENERAL NEWS / (eu) eu/state aid
Commission approves Italian tax breaks to SMEs investing in information technology

Brussels, 15/10/2004 (Agence Europe) - The European Commission has authorised the Italian Tecno-Tremonti Law in favour of SMEs investing in information technology projects. The scheme will be in force until the end of the current year with an estimated budget of EUR 208 million. The scheme allows SMEs to pool their resources and join newly created consortia of at least 10 undertakings to invest in realising information technology innovative projects. The Italian Treasury will exclude from...

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