Global Trade Alert
Global Trade Alert

Cyprus: The government introduces a subsidy scheme for micro and small enterprises and interest rate subsidy scheme (COVID-19)

Announcement

25 Jun 2020

On 25 June 2020, the European Commission approved the support measures notified by the Cypriot authorities to businesses affected by the COVID-19 outbreak.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Jun 2020

Revocation date:

31 Dec 2020

Updated: 25 Jun 2020
Interest payment subsidy
<p>On 12 June 2020, Cyprus notified the European Commission of its intention of establishing two aid measures for businesses affected by the Coronavirus pandemic. The Commission approved the mea...
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Updated: 25 Jun 2020
Financial grant
<p>On 12 June 2020, the Cypriot authorities notified the European Commission of their intention of establishing two aid measures for businesses affected by the COVID-19 outbreak. The Commission ...
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