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Austria: EUR 100 million loan guarantee scheme for SMEs facing liquidity difficulties due to the Russian invasion of Ukraine

Description

On 18 October 2023, the European Commission approved a EUR 100 million (USD 105.3 million) loan guarantee scheme from Austria. The scheme was adopted in response to the economic effects of the Russian...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Oct 2023

Revocation date

31 Dec 2023

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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