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Decree Law no. 33 of 16 May 2020 and PMD of 17 May 2020
After the start of Phase 2 (which began on 4 May 2020) the Italian government adopted on 16 May Law Decree no. 33 concerning, inter alia, “Further urgent measures to deal with the COVID-19 outbreak” (the “DL 16 May 2020“).
Moreover, on 17 May 2020, in implementation of the aforementioned DL 16 May 2020, the Prime Minister issued a new decree with specific implementing provisions (the “PMD 17 May 2020“).
Relaunching Italy, Law Decree no. 34 of 19 May 2020: key measures
With Law Decree 34 of 19 May 2020 (the so-called “Rilancio Decree”), the Italian government has adopted a third set of support measures to sustain the Italian economy, heavily affected by the Covd-19 pandemic.
The main support measures concern (Click for more information):
- Labour law measures
- Tax law Measures
- amendments to state aid rules
- financial and liquidity measures
- Transport and infrastructure measures
- venture capital and start-up measures
Contact:
FABIO ILACQUA
Partner – Head of New York Office
GOP USA, LLC – One Rockefeller Plaza, Suite 1610,
New York, NY 10020 Tel.: +1 212 957 9600 E-mail: filacqua@gop.it
Compliments of Gianni, Origoni, Grippo, Cappelli & Partners – a member of the EACCNY.