Global Trade Alert
Global Trade Alert

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

Announcement

25 Nov 2020

In November 2020, the European Commission approved a CZK 750 million (approx. USD 34 million) grant scheme to support certain businesses of Czech businesses active in the cultural sector that had to restrict, postpone or cancel cultural events or their other activities due to the COVID-19 pandemic.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

25 Nov 2020

Revocation date:

No revocation date

Financial grant

On 25 November 2020, the European Commission approved a CZK 750 million (approx. USD 34 million) aid scheme to partially compensate Czech businesses in the cultural sector for the restrictions, cancel...

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