Global Trade Alert
Global Trade Alert

Germany: EU approves EUR 46 billion Bavarian Fund for liquidity and capital support (COVID-19)

Announcement

20 Aug 2020

In August 2020, the European Commission approved a EUR 46 billion (approx. USD 54.6 billion) German state aid composed of a Bavarian fund to support enterprises in the context of the COVID-19 pandemic.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

20 Aug 2020

Revocation date:

No revocation date

Loan guarantee

On 20 August 2020, the EU approved a EUR 46 billion (approx. USD 54.6 billion) German state aid scheme composed of a Bavarian Fund oriented to stabilize the real economy and safeguard employment in th...

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State loan

On 20 August 2020, the EU approved a EUR 46 billion (approx. USD 54.6 billion) German state aid scheme composed of a Bavarian Fund oriented to stabilize the real economy and safeguard employment in th...

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Capital injection and equity stakes (including bailouts)

On 20 August 2020, the EU approved a EUR 46 billion (approx. USD 54.6 billion) German state aid scheme composed of a Bavarian Fund oriented to stabilize the real economy and safeguard employment in th...

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