Malta: Introduction of scheme to reduce the cost of loans under the COVID-19 Guarantee Scheme

Announcement

14 May 2020

On 14 May 2020, the European Commission approved a financial grant scheme from Malta to help enterprises reduce the costs of their loans received under the COVID-19 Guarantee Scheme.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 May 2020

Revocation date:

31 Dec 2020

Updated: 14 May 2020

Interest payment subsidy

<p>On 14 May 2020, the European Commission approved a EUR 40 (USD 43) million interest payment subsidy scheme from Malta. The aid will support any company from any sector (with...

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