Global Trade Alert
Global Trade Alert

Belgium: EUR 50 billion guarantee scheme as a response to the COVID-19 pandemic

Announcement

11 Apr 2020

In April 2020, the European Commission approved a Belgian aid measure consisting of a EUR 50 billion (around USD 54.7 billion) loan guarantee scheme to support companies in the context of the COVID-19 outbreak.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Apr 2020

Revocation date:

31 Dec 2020

Updated: 11 Apr 2020
Loan guarantee
<p>On 11 April 2020, the EU approved a EUR&nbsp;50 billion&nbsp;(approx. USD&nbsp;54.7 billion) Belgian aid measure consisting of a loan guarantee scheme to support&nbsp;its dome...
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