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Global Trade Alert

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Czechia: Introduction of umbrella scheme to support the economy in the context of the coronavirus crisis

Description

On 10 May 2021, the European Commission approved a CZK 44 billion (USD 2 billion) financial grant scheme from Czechia. The aid will support undertakings operating in all sectors of the economy in orde...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 May 2021

Revocation date

30 Jun 2022

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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