Green light from the European Commission for the extension of the moratorium on loans for Small and Medium-sized Enterprises.
In fact, the Commission communicated, with decision SA.57717 in the process of being formalized, not to raise objections to the extension, provided for by Law Decree no. 104/2020 (the so-called "August Decree"), of the moratorium on loans for SMEs and the related guarantee of the special section of the SME Fund until 31 January 2021 (and until 31 March 2021 for the loan installments of companies in the sector tourist).
The extension of the term of the moratorium is considered compatible aid under the state aid legislation provided for by the Treaty on the Functioning of the European Union.