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Global Trade Alert

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Malta: Introduction of scheme to support real estate holder facing financial difficulties (Covid-19)

Description

On 3 July 2020, the European Commission approved a EUR 18.7 (USD 21) million interest payment subsidy scheme from Malta. The aid will support Mediterranean Investments Holding p.l.c. (“MIH”) a real es...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Jul 2020

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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