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Luxembourg: Introduction of scheme to compensate for uncovered costs for companies facing financial difficulties as a result of the outbreak of Covid-19

Description

On 24 November 2020, the European Commission approved a EUR 120 (USD 131) million financial grant scheme from Luxembourg. The aid will support any undertaking particularly affected by governmental res...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Nov 2020

Revocation date

26 Feb 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

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