Austria: EUR 100 million loan guarantee scheme for SMEs facing liquidity difficulties due to the Russian invasion of Ukraine

Announcement

18 Oct 2023

In October 2023, the European Commission approved an Austrian loan guarantee scheme to support SMEs facing liquidity difficulties due to the Russian invasion of Ukraine.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Oct 2023

Revocation date:

31 Dec 2023

Updated: 18 Oct 2023

Loan guarantee

On 18 October 2023, the European Commission approved a EUR 100 million (USD 105.3 million) loan guarantee scheme from Austria. The scheme was adopted in response to the economic effe...

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