Czech Republic: Establishment of grant scheme to support the cultural sector for the cancelation of events (COVID-19)

Announcement

19 Aug 2020

In August 2020, the European Commission approved a CZK 900 million (approx. USD 41 million) grant scheme to partially compensate Czech businesses active in the cultural sector for the cancellation and postponements of events as a result of the COVID-19 restrictions.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Aug 2020

Revocation date:

31 Dec 2020

Updated: 19 Aug 2020

Financial grant

<p>On 19 August 2020, the European Commission approved a CZK 900 million (approx. USD 41 million) aid scheme to support Czech businesses active in the cultural sector for the expenses incurred i...

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