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Lithuania: Introduction of state loan and guarantee scheme for tourism industry (COVID-19)

Description

On 25 June 2020, the European Commission approved a EUR 20 (USD 22.4) million loan guarantee scheme from Lithuania. The aid supports tour operators of all sizes. The scheme is in force until 31 Decemb...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Jun 2020

Revocation date

31 May 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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