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European Commission Approves EUR 31.9 Billion Italian Scheme to Support Companies Affected by COVID-19

|Approved Changes|European Union-Italy
European Union-Italy

The European Commission has announced its approval of EUR 31.9 billion Italian scheme to support companies affected by the COVID-19 pandemic under the State aid Temporary Framework.

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The Italian support measures

Italy notified to the Commission under the Temporary Framework a €31.9 billion aid scheme to support companies affected by the coronavirus and the restrictive measures that the Italian government had to implement to limit the spread of the virus.

The scheme consists of two me…