Czech Republic: EC approves loan guarantee scheme to support enterprises with up to 500 employees (COVID-19)

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Description

On 15 May 2020, the European Commission approved a CZK 150 billion (approx. USD 5.8 billion) aid scheme that provides loan guarantees to Czech businesses affected by the COVID-19 outbreak. The measure...

Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 May 2020

Revocation date

31 Dec 2021

Implementation level

NFI

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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