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European Commission Approves Italian Scheme to Support Agricultural Cooperatives Affected by the COVID-19 Pandemic

19 October 2020

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Approved Changes

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Italy-European Union

The European Commission announced its approval on 15 October 2020 of an Italian tax scheme to support agricultural cooperatives affected by the COVID-19 pandemic, which provides further relief for the revaluation of assets. --- State aid: Commission approves €8.5 million Italian tax scheme to support agricultural cooperatives affected by the coronavirus outbreak The European Commission has approved a €8.5 million Italian scheme to support agricultural cooperatives that have been particularly affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. Agricultural cooperatives have been significantly hit by the restrictive measures imposed by the government to...