Global Trade Alert
Global Trade Alert

Czech Republic: EC approves loan guarantee scheme to support enterprises with up to 500 employees (COVID-19)

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

0 in force

Implementation date

15 May 2020

Revocation date:

No revocation date

Loan guarantee

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. The measure...

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