Belgium (Flanders): Introduction of loan guarantee scheme to support companies of the region

Announcement

09 Apr 2020

On 9 April 2020, the European Commission approved a loan guarantee scheme from Belgium to support Flemish companies that are being affected by the consequences of the Covid-19 pandemic.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Apr 2020

Revocation date:

30 Jun 2022

Updated: 09 Apr 2020

Loan guarantee

On 9 April 2020, the European Commission approved a EUR 3 (USD 3.2) billion loan guarantee scheme from the Belgian region of Flanders. The aid will be implemented...

Related State Acts

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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