Global Trade Alert
Global Trade Alert

Cyprus: Government introduces loan guarantee scheme worth EUR 86.6 million for tourism sector

Announcement

12 Jan 2021

In January 2021, the government of Cyprus introduced a loan guarantee scheme worth EUR 86.6 million (approx. USD 105.3 million) targeting the tourism sector.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

12 Jan 2021

Revocation date:

No revocation date

Loan guarantee

On 12 January 2021, the European Commission (EC) approved a EUR 86.6 million (approx. USD 105.3 million) loan guarantee scheme from Cyprus. The purpose of the scheme is to provide guarantees for packa...

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