Global Trade Alert
Global Trade Alert

Germany: Government establishes the Economic Stabilisation Fund to support certain companies impacted by the COVID-19 outbreak

Announcement

08 Jul 2020

In July 2020, the European Commission approved a German EUR 500 billion notified aid scheme to support local companies following the outbreak of COVID-19.

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Jul 2020

Revocation date:

30 Jun 2021

Updated: 08 Jul 2020
Capital injection and equity stakes (including bailouts)
<p>On&nbsp;8 July 2020,&nbsp;the EU Commission approved the German notified the creation of the Economic Stabilisation Fund also known as Wirtschaftsstabilisierungsfonds following the ou...
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Updated: 08 Jul 2020
State loan
<p>On&nbsp;8 July 2020,&nbsp;the EU Commission approved the German notified the creation of the Economic Stabilisation Fund also known as Wirtschaftsstabilisierungsfonds following the ou...
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Implementation date

08 Jul 2020

Revocation date:

31 Dec 2020

Updated: 08 Jul 2020
Loan guarantee
<p>On&nbsp;8 July 2020,&nbsp;the EU Commission approved the German notified the creation of the Economic Stabilisation Fund also known as Wirtschaftsstabilisierungsfonds following the ou...
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Related State Acts

19 Mar 2020

EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)

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