Global Trade Alert
Global Trade Alert

Czech Republic: Introduction of grant scheme to compensate uncovered fixed costs of Czech businesses (COVID-19)

Announcement

26 Apr 2021

In April 2021, the European Commission approved a CZK 50 billion (approx. USD 2.3 billion) grant scheme to support Czech businesses for the economic losses suffered during the COVID-19 outbreak.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

26 Apr 2021

Revocation date:

No revocation date

Financial grant

On 26 April 2021, the European Commission approved a CZK 50 billion (approx. USD 2.3 billion) aid scheme to compensate part of the uncovered fixed costs incurred by Czech business due to the COVID-19 ...

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