Czech Republic: EC approves extension of wage subsidy schemes to support Czech companies affected by the pandemic (COVID-19)

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Description

On 12 January 2021, the European Commission approved a CZK 4.2 billion (approx. USD 195 million) wage subsidy scheme to support enterprises directly affected by the COVID-19 emergency restrictions and...

Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Jan 2021

Revocation date

30 Jun 2021

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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