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Global Trade Alert

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Luxembourg: Second budget increase of scheme to support companies in overcoming Covid-19 related drops of activity

Description

On 22 December 2020, the European Commission approved another amendment of SA.57305 COVID-19: Luxembourg Investment aid for certain sectors (see related state act) (already amended on 30 July 2020 and...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Dec 2020

Revocation date

30 Jun 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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