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Global Trade Alert

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United Kingdom: The government introduces the Scottish Enterprise subordinated loan scheme in response to the COVID-19 outbreak

Description

On 31 July 2020, the UK authorities notified the European Commission of their intention of establishing an aid scheme in the form of subordinated debt or loan (subordinated instruments) for Scottish e...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Aug 2020

Revocation date

31 Dec 2020

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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