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

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 in vain...

Related State Acts

25 Nov 2020

Czech Republic: Introduction of grant scheme to provide extended support for the Czech cultural sector (COVID-19)

19 Mar 2020

EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)

Threads

See all

This state act is not part of any Thread yet.