Malta: Introduction of scheme to provide electricity and rental costs compensation to companies affected by the Covid-19 outbreak

Announcement

15 Jul 2020

On 15 July 2020, the European Commission approved a financial grant scheme from Malta to support companies of all sector facing a drop in activity as a result of the Covid-19 outbreak.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Jul 2020

Revocation date:

31 Dec 2021

Updated: 15 Jul 2020

Financial grant

On 15 July 2020, the European Commission approved a EUR 108 (USD 135) million financial grant scheme from Malta. The aid will support companies of all sectors and irrespective of their size. The sc...

Related State Acts

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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