Global Trade Alert
Global Trade Alert

Germany: Introduction of Bundesregelung Kleinbeihilfen 2020 to support local companies following the COVID-19 outbreak

Announcement

24 Mar 2020

In March 2020, the European Commission approved the German notified financial aid scheme to support local companies following the outbreak of COVID-19.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Mar 2020

Revocation date:

31 Dec 2020

Announced: 24 Mar 2020
Tax or social insurance relief
On 24 March 2020, the German Bundesregelung Kleinbeihilfen 2020 was introduced following the EU Commission's approval on the same day. The maximum total budget value is EUR 45 billion (approx. USD 48....
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Announced: 24 Mar 2020
Financial grant
On 24 March 2020, the EU Commission approved the German Bundesregelung Kleinbeihilfen 2020. The scheme was introduced following the outbreak of COVID-19 and is in force until 31 December 2020. The max...
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