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.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

10 May 2021

Revocation date:

No revocation date

Financial grant

On 10 May 2021, the European Commission approved a CZK 44 billion (USD 2 billion) financial grant scheme from Czechia. The aid will support undertakings operating in all sectors of the economy in orde...

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Loan guarantee

On 10 May 2021, the European Commission approved a CZK 3 billion (USD 142 million) loan guarantee scheme from Czechia. The aid will support undertakings operating in all sectors of the economy in orde...

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State loan

On 10 May 2021, the European Commission approved a CZK 3 billion (USD 142 million) state loan scheme from Czechia. The aid will support undertakings operating in all sectors of the economy in order to...

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