The European Commission has announced its approval of amendments to the Italian State aid scheme to support companies in Southern Italy in the context of Russia's war against Ukraine. The aid is in the form of a 30% reduction of the social security contributions due by private employers active in Southern regions of Italy (Abruzzo, Basilicata, Calabria, Campania, Molise, Puglia, Sardinia and Sicily) that are affected by the socio-economic consequences resulting from the war.
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Commission…