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Belgium: EUR 10 billion loan guarantee scheme for SMEs (COVID-19)

Description

On 14 July 2020, the EU approved a EUR 10 billion (approx. USD 11.4 billion) Belgian aid measure consisting of a loan guarantee scheme to support SMEs in the context of the COVID-19 pandemic. The meas...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Jul 2020

Revocation date

31 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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