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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-2020-44/1375 – measures in Italy

Fund to sustain enterprises in the agriculture, fishery and acquaculture industries

Misure di sostegno alle imprese appartenenti alle filiere agricole, della pesca e dell'acquacoltura

Country Italy , applies nationwide
Time period Temporary, 29 October 2020 – 31 December 2020
Context COVID-19
Type Legislations or other statutory regulations
Category Supporting businesses to stay afloat
– Direct subsidies (full or partial) or damage compensation
Author Lisa Dorigatti (University of Milan) and Eurofound
Measure added 30 October 2020 (updated 02 November 2020)

Background information

The Law Decree no. 137, issued on 28 October 2020, allocated a special fund (article 7) to financially support the enterprises in the agriculture, aquaculture and fishery industries, hit by the new limitations to the economic activities established by the Government on 25 October 2020 to contain the spread of the second COVID-19 infection.

Content of measure

The Law Decree no. 137, in the article no. 7, allocated a special and extraordinary fund, for the year 2020, amounting to €100 million devoted to the financial support of enterprises in the agriculture, aquaculture and fishery industries, whose activity has been damaged by the new limitations imposed through the Decree of the President of the Ministers’ Council on 25 October 2020. The Minister for Agricultural, Food and Forestry Policies, together with the Minister of the Economy, will established the criteria to allocate the fund and to select the beneficiaries. The Revenue Agency will be in charge of the payment of this subsidy.

Use of measure

The fund has been introduced very recently: information on the application and on the effectiveness are not available yet.

Target groups

Workers Businesses Citizens
Does not apply to workers Sector specific set of companies
Does not apply to citizens

Actors and funding

Actors Funding
National government
National funds

Social partners

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:

  • Unknown
  • Main level of involvement: Unknown

Involvement

The social partners have not been involved in designing, implementing and monitoring of this measure.

Views and reactions

The measure has been approved only a few days ago: accordingly reactions are not available yet. Surely, the financial support to the economic activities is generally positively received by the social partners, in particular by the employers’ associations.

Sectors and occupations

    • Economic area Sector (NACE level 2)
      A - Agriculture, Forestry And Fishing A2 Forestry and logging
      A3 Fishing and aquaculture

This case is not occupation-specific.

Sources

Citation

Eurofound (2020), Fund to sustain enterprises in the agriculture, fishery and acquaculture industries, measure IT-2020-44/1375 (measures in Italy), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/IT-2020-44_1375.html

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