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.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Nov 2020

Revocation date:

31 Dec 2021

Updated: 25 Nov 2020

Financial grant

<p>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 restriction...

Related State Acts

19 Aug 2020

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

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