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
0 in force
Implementation date
25 Jun 2020
Revocation date:
No revocation date
Interest payment subsidy
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 sector facing fina...
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Financial grant
On 25 June 2020, the European Commission approved a EUR 100 million (USD 112 million) financial grant scheme from Cyprus. The aid will support SMEs of all sector facing financial difficulties due to a...
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