Belgium (Flanders): Introduction of state loan scheme to support the region's SMEs in the context of Russia's invasion of Ukraine

Announcement

12 Jul 2022

In July 2022, the European Commission approved a state loan scheme from Belgium to support Flemish SMEs that are being affected by the economic consequences of Russia's invasion of Ukraine.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Jul 2022

Revocation date:

31 Dec 2022

Updated: 12 Jul 2022

State loan

On 12 July 2022, the European Commission approved a EUR 300 (USD 301) million state loan scheme from the Belgian region of Flanders. The aid will be implemented b...

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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