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Austria: Introduction of Damage Compensation Scheme (COVID-19)

Description

On 10 August 2023, the European Commission approved a EUR 750 million (USD 826.4 million) financial grant scheme from Austria. The scheme compensates Austrian businesses, irrespective of size and sect...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Aug 2023

Revocation date

31 Dec 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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