Global Trade Alert
Global Trade Alert

Latvia: Guarantees and loans for undertakings affected by the COVID-19 pandemic

Announcement

23 Mar 2020

In March 2020, the European Commission approved a capital injection by Latvia in a public development bank to provide a loan guarantee scheme and a loan scheme.

 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

23 Mar 2020

Revocation date:

No revocation date

Loan guarantee

On 23 March 2020, the European Commission approved a EUR 50 million (USD 53.8 million) loan guarantee scheme by the Latvian public development bank Attīstības finanšu institūcija Altum. The guarantee ...

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State loan

On 23 March 2020, the European Commission approved a EUR 200 million (USD 215 million) subsidised loan scheme by the Latvian public development bank Attīstības finanšu institūcija Altum. The scheme wi...

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