Global Trade Alert
Global Trade Alert

Czech Republic: EC approves grant scheme to support accomodation facilities (COVID-19)

Announcement

27 Aug 2020

In August 2020, the European Commission approved a Czech state measure that aims at supporting businesses operating accommodation facilities that were closed due to the COVID-19 restrictions adopted by the Czech government during the "first wave" of the pandemic.

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 Aug 2020

Revocation date:

No revocation date

Financial grant

On 27 August 2020, the European Commission approved a CZK 3.31 billion (approx. USD 148 million) aid scheme to support the tourism sector and, in particular, those business operating accommodation fac...

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