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.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Jul 2020

Revocation date:

01 Dec 2020

Updated: 27 Jul 2020
Financial grant
<p>On 27 July 2020, the European Commission approved a CZK 22.9 billion (approx. USD&nbsp;978&nbsp;million) wage subsidy scheme to support enterprises affected by the COVID-19 outbreak a...
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