Global Trade Alert
Global Trade Alert

Czechia: Introduction of scheme to support travel agencies facing financial difficulties as a result of the COVID-19 outbreak

Announcement

10 May 2021

On 10 May 2021, the European Commission approved a loan guarantee from the Czech Republic to help travel agencies secure liquidities. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

10 May 2021

Revocation date:

No revocation date

Loan guarantee

On 10 May 2021, the European Commission approved a CZK 300 (USD 14) million loan guarantee scheme from Czechia. The aid will support operators of travel services facing difficulty to obtain external f...

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