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Belgium: EUR 50 billion guarantee scheme as a response to the COVID-19 pandemic

Description

On 11 April 2020, the EU approved a EUR 50 billion (approx. USD 54.7 billion) Belgian aid measure consisting of a loan guarantee scheme to support its domestic economy in the context of the COVID-19 p...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Apr 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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