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Global Trade Alert

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Luxembourg: Amendment of scheme to compensate for uncovered costs for companies facing financial difficulties as a result of the outbreak of Covid-19

Description

On 26 February 2021, the European Commission approved the prolongation and budget increase of the Luxembourgian scheme to support companies in the context of the COVID-19 pandemic. Notably, the modifi...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Feb 2021

Revocation date

31 Dec 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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