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Italy: Law Authorizing Emergency Rescue Loan to Alitalia Takes Effect

(Dec. 20, 2019) On December 3, 2019, Decree Law No. 137 of December 2, 2019 (Decreto-Legge 2 dicembre 2019, n. 137) (D.L. No. 137), containing urgent measures to ensure the continuity of service of Alitalia, entered into force in Italy. The new legislation authorizes a government loan of 400 million euros (about US$442 million) to […]