Announcement
24 Nov 2020
In November 2020, the European Commission approved a financial grant scheme from Luxembourg to help companies particularly affected by restrictions to support uncovered costs.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 Nov 2020
Revocation date:
26 Feb 2021
Updated: 24 Nov 2020
Financial grant
<p>On 24 November 2020, the European Commission approved a EUR 120 (USD 131) million financial grant scheme from Luxembourg. The aid will support any undertaking particularly affected b...
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Related State Acts
26 Feb 2021
Luxembourg: Amendment of scheme to compensate for uncovered costs for companies facing financial difficulties as a result of the outbreak of Covid-19
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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