Global Trade Alert
Global Trade Alert

Belgium: Introduction of the Belgian Travel Insolvency Fund

Announcement

09 Dec 2022

In December 2022, the European Commission approved the creation of the Belgian Travel Insolvency Fund to support travel organisers in the context of the Covid-19 pandemic.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2023

Revocation date:

31 Dec 2028

Updated: 09 Dec 2022
Loan guarantee In force

On 9 December 2022, the European Commission approved a EUR 420 (USD 443) million Belgian state guarantee scheme to support tour operators at risk of insolvency in the context of the Covid-19 pandem...

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