Announcement
25 Jun 2020
On 25 June 2020, the European Commission approved two measures from Cyprus aimed at helping companies face liquidity shortages caused by the COVID-19 outbreak.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
25 Jun 2020
Revocation date:
31 Dec 2020
Updated: 25 Jun 2020
Financial grant
<p>On 25 June 2020, the European Commission approved a EUR 100 million (USD 112 million) financial grant scheme from Cyprus. The aid will support SME...
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Implementation date
25 Jun 2020
Revocation date:
31 Dec 2021
Updated: 25 Jun 2020
Interest payment subsidy
<p>On 25 June 2020, the European Commission approved a EUR 180 million (USD 201 million) interest rate subsidy scheme from Cyprus. The aid will support companies of any size and of any ...
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