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Companies in Southern Italy can receive EUR2.8 billion to mitigate Ukraine war effects

( June 24, 2022, 11:10 GMT | Official Statement) -- MLex Summary: Firms in Italy that sign employment contracts for work in the country's Southern regions will be eligible for a 30 percent discount on social security contributions to be paid by employers between July and December, the European Commission said today, approving a 2.8 billion-euro state aid plan. The measure aims to support firms negatively affected by the economic effects of Russia's war in Ukraine. Companies active in the financial, primary agricultural and domestic work sectors are excluded from the scope of the measure, the watchdog said. Statement follows. ...

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