support scheme

    • Commission approves Spanish, Italian coronavirus schemes

      Commission approves Spanish, Italian coronavirus schemes

      The Commission approved on Friday both Spanish and Italian plans to set up financial schemes to tackle the coronavirus crisis. The Spanish plan includes setting up a €10bn budget fund to invest through debt and equity instruments in companies affected by the coronavirus outbreak. The Italian schemes, with an overall budget of €6bn, consist of incentives to the recapitalisation by private investors of SMEs' affected by the outbreak.

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