Global Trade Alert
Global Trade Alert

Luxembourg: Introduction of scheme to support companies in overcoming Covid-19 related drops of activity

Announcement

20 May 2020

On 20 May 2020, the European Commission approved a financial grant scheme from Luxembourg to support all sectors of the economy facing liquidity shortages as a result of the Covid-19 outbreak.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 May 2020

Revocation date:

22 Dec 2020

Updated: 20 May 2020
Financial grant
<p>On 20&nbsp;May 2020, the European Commission approved a EUR 30 (USD 32.9) million financial grant scheme from Luxembourg. The aid will support companies of any size and of all sectors (wi...
Sign in to see more

Threads

See all

This state act is not part of any Thread yet.