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Global Trade Alert

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Germany: Introduction of Bundesregelung Bürgschaften 2020 to support local companies (COVID-19)

Description

On 24 March 2020, the EU Commission approved the German loan guarantee scheme Bundesregelung Bürgschaften 2020. The scheme was introduced following the outbreak of COVID-19 and is in force until 31 De...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Mar 2020

Revocation date

31 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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