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Belgium (Flanders): Introduction of loan guarantee scheme to support companies of the region

Description

On 9 April 2020, the European Commission approved a EUR 3 (USD 3.2) billion loan guarantee scheme from the Belgian region of Flanders. The aid will be implemented by the Flemish government and will su...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

09 Apr 2020

Revocation date

30 Jun 2022

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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