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Romania: Introduction of support scheme for SMEs facing the Covid-19 outbreak

Description

On 10 April 2020, the European Commission approved a support scheme for SMEs totaling RON 781 million (USD 177 million). The aid will support SMEs of all sectors with a few exceptions. It will be in f...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Apr 2020

Revocation date

30 Jun 2021

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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