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Global Trade Alert

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Romania: Introduction of financial grant scheme to support SMEs and certain large undertakings

Description

On 27 August 2020, the European Commission approved a RON 4.521 (USD 1) billion financial grant scheme from Romania. One sub-measure of this scheme specifically supports Romanian SMEs of the following...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Aug 2020

Revocation date

31 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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