{"id":1662,"date":"2020-03-24T11:05:43","date_gmt":"2020-03-24T10:05:43","guid":{"rendered":"http:\/\/www.fondazionekian.com\/?p=1662"},"modified":"2020-03-24T11:05:47","modified_gmt":"2020-03-24T10:05:47","slug":"the-european-union-approves-italian-support-scheme-for-production-and-supply-of-medical-equipment-and-masks-during-coronavirus-outbreak","status":"publish","type":"post","link":"https:\/\/www.fondazionekian.com\/?p=1662&lang=en","title":{"rendered":"The European Union approves italian support scheme for production and supply of medical equipment and masks during Coronavirus outbreak"},"content":{"rendered":"\n<p>The European Union has approved a \u20ac 50 Million italian aid scheme to support the production and supply of medical devices, such as ventilators, and personal protection equipment, such as masks, goglees, gowns and safety suits.<\/p>\n\n\n\n<p>The scheme, that will help Italy provide the necessary medical treatment to those infected, while protecting healthcare operators and citizens, aims at increasing the market output of such instruments, which has proven to be insufficient as a result of the peak in demand arising from the Coronavirus outbreak.<\/p>\n\n\n\n<p>Under the scheme, financial support will be available to companies of all sizes which:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>set up new facilities for the production of medical devices and personal protection equipment<\/li><li>expand the production of their existing structures producing such equipment<\/li><li>convert their production line to that effect.<\/li><\/ul>\n\n\n\n<p>The beneficiaries of the support will make the products available to the Italian authorities at the market prices applied in December 2019, i.e. prior to the outbreak in Italy<\/p>\n\n\n\n<p>The aid will take the form of direct grants or repayable advances then converted into direct grants, if the beneficiaries supply the equipment and devices in an expedited manner to the Italian authorities<\/p>\n\n\n\n<p>The scheme will ensure swift and adequate support to companies ready to produce and supply medical devices and personal protection equipment and will incentivise rapid production and timely delivery of these essential products<\/p>\n\n\n\n<p>So, the Italian measures have been considered in line with the conditions set out in the Temporary Framework for aid in the form of direct grants and repayable advances that it provides five types of aid, which can be granted by Member States:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Direct grants, selective tax advantages and advance payments<\/li><li>State guarantees for loan taken by companies from banks<\/li><li>Subsidised public loans to companies<\/li><li>Safeguards for banks that channel State aid to the real economy<\/li><li>short-term export credit insurance<\/li><\/ol>\n\n\n\n<p>The temporary framework complements the many other possibilities already available to Member States to mitigate the socio-economic impact of the Coronavirus outbreak, in line with EU State aid rules and will be in place until the end of December 2020, with a view to be extended<\/p>\n\n\n\n<p>Vice President, in charge of competition policy, said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>These are very difficult times, especially in Italy. We have to do what we can to mitigate the impact of the Coronavirus outbreak on human lives and livelihoods. The Italian scheme approved today, shortly after the adoption of our new State aid Temporary Framework, will support companies ready to produce and supply medical equipment and masks. These are needed urgently. We will continue to work with Member States to ensure timely, coordinated and effective action<\/p><\/blockquote>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Union has approved a \u20ac 50 Million italian aid scheme to support the production and supply of medical devices, such as ventilators, and personal protection equipment, such as masks, goglees, gowns and safety suits. The scheme, that will help Italy provide the necessary medical treatment to those infected, while protecting healthcare operators and <a href=\"https:\/\/www.fondazionekian.com\/?p=1662&#038;lang=en\" rel=\"nofollow\"><span class=\"sr-only\">Leggi di pi\u00f9The European Union approves italian support scheme for production and supply of medical equipment and masks during Coronavirus outbreak<\/span>[&hellip;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":1660,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[13,3],"tags":[],"class_list":["post-1662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news","category-newsroom"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.fondazionekian.com\/wp-content\/uploads\/2020\/03\/images-1.jpg?fit=259%2C194&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7Eon2-qO","jetpack-related-posts":[{"id":1645,"url":"https:\/\/www.fondazionekian.com\/?p=1645&lang=en","url_meta":{"origin":1662,"position":0},"title":"Videoconference between President Von Der Leyen and President of the Council of Ministers Conte","author":"kian_admin","date":"13\/03\/2020","format":false,"excerpt":"President Von Der Leyen, following a preliminar conversation with President Conte and the extraordinary video-meeting of the European Council, expressed appreciation for the efforts undertaken by the Italian Government and recognized the social and economic burden the current crisis imposes to the population. It has been an exchanged views on\u2026","rel":"","context":"In &quot;Daily news&quot;","block_context":{"text":"Daily news","link":"https:\/\/www.fondazionekian.com\/?cat=13&lang=en"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1647,"url":"https:\/\/www.fondazionekian.com\/?p=1647&lang=en","url_meta":{"origin":1662,"position":1},"title":"European guidelines for border measures to protect health and keep goods and essential services available","author":"kian_admin","date":"18\/03\/2020","format":false,"excerpt":"This week the European Union presented guidelines to Member States on health-related border management measures in the context of the COVID-19 emergency. The aim is to protect citizens' health, ensure the right treatment of people who do have to travel, and make sure essential goods and services remain available. The\u2026","rel":"","context":"In &quot;Daily news&quot;","block_context":{"text":"Daily news","link":"https:\/\/www.fondazionekian.com\/?cat=13&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.fondazionekian.com\/wp-content\/uploads\/2020\/03\/download.jpg?fit=246%2C205&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":611,"url":"https:\/\/www.fondazionekian.com\/?p=611&lang=en","url_meta":{"origin":1662,"position":2},"title":"Commission presents study on impact of future trade agreements on the agricultural sector","author":"kian_admin","date":"17\/11\/2016","format":false,"excerpt":"The Vice-President and the european Commissioner presented to agriculture ministers at the Council meeting the study on the cumulative effects of 12 future trade agreements on the agri-food sector, including specific results for producer prices and production volumes for a range of products accounting for 30% of the value of\u2026","rel":"","context":"In &quot;Newsroom&quot;","block_context":{"text":"Newsroom","link":"https:\/\/www.fondazionekian.com\/?cat=3&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.fondazionekian.com\/wp-content\/uploads\/2016\/11\/agriculture.jpg?fit=500%2C391&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":121,"url":"https:\/\/www.fondazionekian.com\/?p=121&lang=en","url_meta":{"origin":1662,"position":3},"title":"Commission authorises support for renewable energy in Italy","author":"kian_admin","date":"29\/04\/2016","format":false,"excerpt":"The European Commission has concluded that an Italian scheme aimed at supporting electricity generation from renewable energy sources is in line with EU state aid rules. The scheme will further EU energy and climate goals without unduly distorting competition in the Single Market. In particular, the scheme will support Italy\u2026","rel":"","context":"In &quot;Newsroom&quot;","block_context":{"text":"Newsroom","link":"https:\/\/www.fondazionekian.com\/?cat=3&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.fondazionekian.com\/wp-content\/uploads\/2016\/04\/index.jpg?fit=230%2C219&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1441,"url":"https:\/\/www.fondazionekian.com\/?p=1441&lang=en","url_meta":{"origin":1662,"position":4},"title":"\u20ac 172 million to promote EU agri-food products in and outside the EU","author":"kian_admin","date":"19\/10\/2018","format":false,"excerpt":"It will provide funding of \u20ac 172,5 million from the EU agricultural budget to promote EU agri-food products in Europe and across the World. 79 campaigns, covering a wide range of products such as dairy products, olives and olive oil, and fruit and vegetables, will be rolled out over the\u2026","rel":"","context":"In &quot;Daily news&quot;","block_context":{"text":"Daily news","link":"https:\/\/www.fondazionekian.com\/?cat=13&lang=en"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":959,"url":"https:\/\/www.fondazionekian.com\/?p=959&lang=en","url_meta":{"origin":1662,"position":5},"title":"The agreement on Nord Stream 2: the european Union seeks a mandate to negotiate with Russia","author":"kian_admin","date":"12\/06\/2017","format":false,"excerpt":"The European Union has today adopted a request to the Council\u00a0 for a mandate to negotiate with the Russian Federation the key principles for the operation of the Nord Stream 2 gas pipeline project. 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