Global Trade Alert
Global Trade Alert

Belgium: EC approves grant scheme to support hotels and aparthotels (COVID-19)

Announcement

09 Oct 2020

In October 2020, the European Commission approved a Belgium state measure aiming to provide financial support to ensure continuity of economic activity of the hotel sector in the context of the COVID-19 pandemic.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

09 Oct 2020

Revocation date:

No revocation date

Financial grant

On 9 October 2020, the EU approved a EUR 15.8 million (approx. USD 18.7 million) Belgian state aid measure oriented to provide financial liquidity to the hotels and aparthotels in the Brussels region ...

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