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Global Trade Alert

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Germany: Umbrella scheme for recapitalisation measures and subordinated loans (COVID-19)

Description

On 1 December 2020, the European Commission approved a German umbrella scheme that allows regional authorities to invest in enterprises, regardless of sector and size, affected by the Covid-19 pandemi...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Dec 2020

Revocation date

31 Dec 2021

Implementation level

Subnational

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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