Global Trade Alert
Global Trade Alert

Czech Republic: Introdution of wage subsidies to support companies affected by the pandemic (COVID-19)

Announcement

27 Jul 2020

In July 2020, the European Commission approved a CZK 22.9 billion (approx. USD 978 million) wage subsidy scheme to support enterprises affected by the COVID-19 outbreak and preserve employment.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

27 Jul 2020

Revocation date:

No revocation date

Financial grant

On 27 July 2020, the European Commission approved a CZK 22.9 billion (approx. USD 978 million) wage subsidy scheme to support enterprises affected by the COVID-19 outbreak and preserve employment. The...

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