ITALY EMERGENCY AID

BY KEITH NUTHALLPRECISE guidance about the legality under European law of government intervention to make good damage caused by natural disasters is likely to emerge from a new European Commission state aid inquiry in Italy. Brussels fears that an Italian law, giving benefits to private investors pumping money into disaster zones, may fall foul of EU state aid legislation designed to prevent national governments giving their local businesses unfair advantages over those from other Member States. Although such special state treatment is provided for under the EU ...


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