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-2021-22/1989 – measures in Italy
Country | Italy , applies nationwide |
Time period | Open ended, started on 25 May 2021 |
Context | COVID-19 |
Type | Legislations or other statutory regulations |
Category |
Supporting businesses to stay afloat
– Direct subsidies (full or partial) |
Author | Lisa Dorigatti (University of Milan) and Eurofound |
Measure added | 29 July 2021 |
Law Decree No. 73 of 25 May 2021 (so called "Support Decree bis") envisaged a new package of non-repayable contributions for businesses and professionals. The measure extends the eligibility of a similar measure introduced by Law Decree No. 41 of 22 March 2021 (the so called "Supports Decree"), by adding a reference to the economic out-turn and not just to the turnover.
The new package of direct subsidies envisaged by the Law Decree No. 73 of 25 May 2021 confirms the structure of the benefits and their amount introduced by Law Decree No. 41 of 22 March 2021. It also adds a specific reference to the economic out-turn of affected businesses and professionals (and not just to the turnover), thereby expanding the number of potential beneficiaries. The amount of the benefit in case of deterioration of the economic out-turn has not been established yet and will be defined by a Decree of the Ministry of Economy and Finance.
For this measure, Decree Law No. 73 of 25 May 2021 allocated €15 billion.
No information available.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers | Applies to all 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:
No involvement of the social partners in the drafting of the measure.
No specific information available.
Citation
Eurofound (2021), Non-repayable allowance for businesses and professionals, measure IT-2021-22/1989 (measures in Italy), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/IT-2021-22_1989.html
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