Global Trade Alert
Global Trade Alert

Poland: Budget increases for three aid schemes to further support Polish businesses (COVID-19)

Announcement

16 Mar 2021

In March 2021, the European Commission approved budget increases amounting to PLN 1677 million (approx. USD 434 million) for three Polish aid schemes to further support businesses affected by the COVID-19 outbreak. Support under these measures is provided as direct grants and repayable advances (1st scheme), loans with subsidised interest rates and loan guarantees for investments and working capital (2nd scheme) or favourable loans and loan guarantees (3rd scheme), see related state acts.

Source

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Number of interventions

6

6 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

16 Mar 2021

Revocation date:

No revocation date

Financial grant

On 16 March 2021, the European Commission approved a budget increase of PLN 520 million (approx. USD 135 million) for a state aid scheme that supports the liquidity needs of Polish businesses affected...

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State loan

On 16 March 2021, the European Commission approved a budget increase of PLN 520 million (approx. USD 135 million) for a state aid scheme that supports the liquidity needs of Polish businesses affected...

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Loan guarantee

On 16 March 2021, the European Commission approved a budget increase of PLN 1.1 billion (approx. USD 284 million) for an aid scheme that facilitates access to finance to Polish businesses affected by ...

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State loan

On 16 March 2021, the European Commission approved a budget increase of PLN 1.1 billion (approx. USD 284 million) for a Polish state aid scheme that facilitates access to finance to businesses affecte...

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State loan

On 16 March 2021, the European Commission approved a budget increase for a Polish aid scheme approved in May 2020 that supports the liquidity and sustaining the jobs of business affected by the COVID-...

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Loan guarantee

On 16 March 2021, the European Commission approved a budget increase of PLN 57 million (approx. USD 14.7 million) for a Polish aid scheme that aims to support the liquidity and sustaining the jobs of ...

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