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Luxembourg: Introduction of solidarity fund scheme to support sectors affected by the COVID-19 outbreak

Description

On 29 May 2020, the European Commission approved a EUR 200 (USD 222) million financial grant scheme from Luxembourg. The aid will support service providers, such as restaurants or hotels, that have se...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 May 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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