Global Trade Alert
Global Trade Alert

United Kingdom: Introduction of an umbrella scheme to support enterprises in Gibraltar (COVID-19)

Announcement

06 Jul 2020

On 6 July 2020, the European Commission approved an umbrella scheme to support enterprises in Gibraltar during the COVID-19 pandemic. 

Source

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Jul 2020

Revocation date:

31 Dec 2020

Announced: 06 Jul 2020
Tax or social insurance relief
On 6 July 2020, the European Commission approved an umbrella scheme from the United Kingdom. The aid scheme includes a tax advantage scheme that will support SMEs and large enterprises in Gibraltar. T...
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Announced: 06 Jul 2020
State loan
On 6 July 2020, the European Commission approved a GBP 100 (approx. USD 188.57) million umbrella scheme from the United Kingdom. One of the measures is state loans for SMEs and large enterprises in Gi...
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Announced: 06 Jul 2020
Loan guarantee
On 6 July 2020, the European Commission approved an umbrella scheme from the United Kingdom. The aid scheme includes a loan guarantee scheme that will support SMEs and large enterprises in Gibraltar. ...
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Announced: 06 Jul 2020
Financial grant
On 6 July 2020, the European Commission approved an umbrella scheme from the United Kingdom. The aid scheme includes a direct grant scheme that will support SMEs and large enterprises in Gibraltar. Th...
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