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Global Trade Alert

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Latvia: Guarantees and loans for undertakings affected by the COVID-19 pandemic

Description

On 23 March 2020, the European Commission approved a EUR 50 million (USD 53.8 million) loan guarantee scheme by the Latvian public development bank Attīstības finanšu institūcija Altum. The guarantee ...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Mar 2020

Revocation date

31 Dec 2021

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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