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Czech Republic: EC approves grant scheme to support accomodation facilities (COVID-19)

Description

On 27 August 2020, the European Commission approved a CZK 3.31 billion (approx. USD 148 million) aid scheme to support the tourism sector and, in particular, those business operating accommodation fac...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Aug 2020

Revocation date

31 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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