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Global Trade Alert

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Belgium: Introduction of the Belgian Travel Insolvency Fund

Description

On 9 December 2022, the European Commission approved a EUR 420 (USD 443) million Belgian state guarantee scheme to support tour operators at risk of insolvency in the context of the Covid-19 pandemic....

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2023

Revocation date

31 Dec 2028

Implementation level

National

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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