The EU Commission approves €1.7 billion Italian scheme to support investment towards a sustainable recovery

State aid: Commission approves €1.7 billion Italian scheme to support investment towards a sustainable recovery* The European Commission has approved a €1.7 billion Italian scheme aimed at providing investment support towards a sustainable recovery. The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €1.7 billion scheme will help Italy set the path for a faster and more sustainable recovery, in line with State aid rules and the Italian Recovery and Resilience Plan. It represents an important step to bridge the investment gap left behind by the crisis. We continue working in close cooperation with Member States to ensure that national support measures to kick-start and crowd-in private

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European Commission, The EU Commission approves €1.7 billion Italian scheme to support investment towards a sustainable recovery, 20 June 2022, e-Competitions June 2022, Art. N° 107260

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