Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure IT-2020-15/636 – measures in Italy
Country | Italy , applies nationwide |
Time period | Temporary, 09 April 2020 – 31 December 2020 |
Context | COVID-19 |
Type | Legislations or other statutory regulations |
Category |
Supporting businesses to stay afloat
– Access to finance |
Author | Lisa Dorigatti (University of Milan) and Eurofound |
Measure added | 15 April 2020 (updated 04 January 2021) |
Art. 13 of the Law Decree no. 23 of 8 April 2020 introduces a credit guarantee and other measures for SMEs hit by the COVID-19 pandemic to support their operations. The temporary rules for the credit guarantee include free provision of the guarantee and higher thresholds in terms of amount and number of employees, in respect to the regular measures. This initiative is part of the various measures designed by the government to address the economic and employment impacts of the COVID-19 pandemic.
The main provisions allow SMEs to obtain a credit guarantee until 31 December 2020 at more advantageous conditions than those ordinarily envisaged by the special credit guarantee fund for SMEs. In particular, the temporary measures:
No information available (15 April 2020).
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers |
SMEs
Other businesses |
Does not apply to citizens |
Actors | Funding |
---|---|
National government
|
National funds
|
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | No involvement | No involvement |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
N.A
This measure was designed unilaterally by the government.
Citation
Eurofound (2020), Credit guarantee for SMEs, measure IT-2020-15/636 (measures in Italy), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/IT-2020-15_636.html
Share
30 January 2023
Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.
Article12 September 2022
Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.
Article12 September 2022
This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.
Article5 July 2022
This article summarises the first policy responses of EU Member States, including those of the social partners and other civil society actors, enabling refugees to exercise their rights under the Temporary Protection Directive.
ArticleDisclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.