Cyprus: EUR 100 million scheme for lump-sum payments to firms and self-employed persons (COVID-19)

Announcement

27 May 2020

In May 2020, the government of Cyprus announced a subsidy scheme worth EUR 100 million (approx. USD 96.3 million) in the form of grants for firms and entrepreneurs. The European Commission approved the scheme in November 2022.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

27 May 2020

Revocation date:

No revocation date

Financial grant

On 27 May 2020, the Cyprus government adopted a EUR 100 million (approx. USD 96.3 million) grant scheme to support firms and entrepreneurs in the context of the Covid-19 pandemic. The scheme will be a...

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