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Global Trade Alert

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Malta: Introduction of scheme to reduce the cost of loans under the COVID-19 Guarantee Scheme

Description

On 14 May 2020, the European Commission approved a EUR 40 (USD 43) million interest payment subsidy scheme from Malta. The aid will support any company from any sector (with a few exceptions). The sch...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 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 Products

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