Luxembourg: Introduction of guarantee scheme to support companies in the context of Russia's invasion of Ukraine

Announcement

20 May 2022

In May 2022, the European Commission approved a EUR 500 million Luxembourgish scheme to support companies dealing with the economic consequences of the Russian invasion of Ukraine.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 May 2022

Revocation date:

31 Dec 2022

Updated: 20 May 2022

Loan guarantee

<p>On 20 May 2022, the European Commission approved a EUR 500 million (USD 528 million) loan guarantee scheme from Luxembo...

Related State Acts

24 Mar 2022

EU: Commission adopts state aid Temporary Crisis Framework to provide financial support in the context of the Russian invasion of Ukraine (extended until 2023)

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