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Latvia: Approval of two schemes to support the economy following the aggression against Ukraine by Russia

Description

On 1 August 2022, the European Commission (EC) approved a EUR 22.5 million (approx. USD 23.1 million) loan guarantee scheme from Latvia. The purpose of the scheme is to support firms in the context of...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Aug 2022

Revocation date

31 Dec 2022

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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