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Global Trade Alert

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Romania: Introduction of scheme to support trade credit insurers

Description

On 15 October 2020, the European Commission approved a RON 500 (USD 124) million loan guarantee scheme from Romania. The aid scheme will support trade credit insurers. It is in force from 15.10.2020 t...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Oct 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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