Czech Republic: Introdution of wage subsidies to support companies affected by the pandemic (COVID-19)

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Description

On 27 July 2020, the European Commission approved a CZK 22.9 billion (approx. USD 978 million) wage subsidy scheme to support enterprises affected by the COVID-19 outbreak and preserve employment. The...

Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Jul 2020

Revocation date

01 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

Affected Products

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