Announcement
15 May 2020
In May 2020, the European Commission approved a CZK 150 billion (approx. USD 5.8 billion) Czech loan guarantee scheme to support enterprises up to 500 employees that have been severely 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
Implementation date
15 May 2020
Revocation date:
31 Dec 2021
Updated: 15 May 2020
Loan guarantee
<p>On 15 May 2020, the European Commission approved a CZK 150 billion (approx. USD 5.8 billion) aid scheme that provides loan guarantees to Czech businesses affected by the COVID-19 outbreak. Th...
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