Global Trade Alert
Global Trade Alert

Czech Republic: EC approves loan guarantee scheme to support large exporting companies (COVID-19)

Announcement

05 May 2020

In May 2020, the European Commission approved a CZK 142 billion (approx. USD 5.7 billion) loan guarantee scheme to support large exporting companies in the Czech Republic that have been affected by 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

05 May 2020

Revocation date:

No revocation date

Trade finance

On 5 May 2020, the European Commission approved a CZK 142 billion (approx. USD 5.7 billion) Czech aid scheme that provides loan guarantees to large exporting companies to support them in the COVID-19 ...

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