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Germany: KfW establishes Sonderprogramm 2020 für Investitions- und Betriebsmittelfinanzierung to support local companies following the COVID-19 outbreak

Description

On 22 March 2020, the EU Commission approved the German notified financial support scheme Sonderprogramm 2020 für Investitions- und Betriebsmittelfinanzierung. The scheme was introduced following the ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Mar 2020

Revocation date

31 Dec 2020

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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