Independent journal on economy and transport policy
11:48 GMT+2
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Ok of the EU to aid to the Italian maritime sector through the decontribution of labor costs
The amount of funds is 119 million euros
May 5, 2022
The expected green light has come from the European Commission to Italian aid package of €119 million for services maritime cabotage provided for by Decree-Law no. 104 of 14 August 2020 "Urgent measures to support the economy". Brussels specified that the measure, planned in the context of the Covid-19 pandemic, has been approved under the Temporary framework on State aid and will be open to shipping companies active in the cabotage and other maritime services, with the help that it will take the form of an exemption from the payment of social security contributions, and assistance due for the period between the first of August 2020 and 31 December 2021. The aim of the measure is to reduce the labour costs of seafarers employed by the beneficiaries of the aid by helping to meet their liquidity needs and allowing them to continue activities during and after the health crisis.
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The expected green light has come from the European Commission to Italian aid package of €119 million for services maritime cabotage provided for by Decree-Law no. 104 of 14 August 2020 "Urgent measures to support the economy". Brussels specified that the measure, planned in the context of the Covid-19 pandemic, has been approved under the Temporary framework on State aid and will be open to shipping companies active in the cabotage and other maritime services, with the help that it will take the form of an exemption from the payment of social security contributions, and assistance due for the period between the first of August 2020 and 31 December 2021. The aim of the measure is to reduce the labour costs of seafarers employed by the beneficiaries of the aid by helping to meet their liquidity needs and allowing them to continue activities during and after the health crisis.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
