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Global Trade Alert

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Latvia: Increase in scheme size to provide working capital to undertakings affected by the COVID-19 pandemic

Description

On 1 March 2021, the European Commission approved a EUR 240 (USD 289.3) million increase in a financial grant scheme from Latvia. The scheme was announced in December 2020 with the objective to "suppo...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Mar 2021

Revocation date

30 Sep 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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