Global Trade Alert
Global Trade Alert

Malta: Introduction of scheme to support real estate holder facing financial difficulties (Covid-19)

Announcement

03 Jul 2020

On 3 July 2020, the European Commission approved an interest rate subsidy measure from Malta to support "Mediterranean Investments Holding" facing difficulties to finance itself as a result of the impact of the outbreak on the capital markets in Malta.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

03 Jul 2020

Revocation date:

No revocation date

Interest payment subsidy In force

On 3 July 2020, the European Commission approved a EUR 18.7 (USD 21) million interest payment subsidy scheme from Malta. The aid will support Mediterranean Investments Holding p.l.c. (“MIH”) a real es...

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