Global Trade Alert
Global Trade Alert

Czechia: Introduction of umbrella scheme to support the economy in the context of the coronavirus crisis

Announcement

10 May 2021

In May 2021, the European Commission approved an umbrella scheme from Czechia that aims at supporting all sectors of the economy through grants, guarantees and loans.

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 May 2021

Revocation date:

30 Jun 2022

Updated: 10 May 2021
State loan
<p>On 10&nbsp;May 2021, the European Commission approved a CZK 3 billion (USD 142 million) state loan scheme from Czechia. The aid will support&nbsp;undertakings operating in all sectors...
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Updated: 10 May 2021
Loan guarantee
<p>On 10&nbsp;May 2021, the European Commission approved a CZK 3 billion (USD 142 million) loan guarantee scheme from Czechia. The aid will support&nbsp;undertakings operating in all sec...
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Updated: 10 May 2021
Financial grant
<p>On 10&nbsp;May 2021, the European Commission approved a CZK&nbsp;44 billion (USD 2 billion)&nbsp;financial grant scheme from Czechia. The aid will support&nbsp;undertakings op...
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