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Tag: affected

State aid: EU Commission approves €713 million Dutch guarantee scheme to support SMEs affected by coronavirus outbreak

The European Commission has approved a €713 million Dutch aid scheme to support small and medium sized enterprises (SMEs) affected by the coronavirus outbreak. The measure was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April and 8 May 2020. The support will take […]

State aid: EU Commission approves €500 million Belgian guarantee scheme to support internationally active companies affected by the coronavirus outbreak

The European Commission has approved a Belgian guarantee measure, with an indicative budget of €500 million, for companies with export activities affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as on 3 April 2020 and 8 May 2020. Following the […]

State aid: EU Commission approves €296 million Danish loan schemes to support start-ups affected by coronavirus outbreak

The European Commission has approved two Danish loan schemes to support start-up companies in the context of the coronavirus outbreak. The loan schemes, with a total budget of approximately €296 million (DKK 2.2 billion), were approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April […]

State aid: EU Commission approves €5.2 billion Czech guarantee scheme for loans to large exporting companies affected by coronavirus outbreak

The European Commission has approved an approximately €5.2 billion (CZK 142 billion) Czech guarantee scheme for large companies with export activities affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. Executive Vice-President Margrethe Vestager, in […]

State aid: EU Commission approves Belgian €250 million subordinated loan scheme to support start-ups, scale-ups and SMEs affected by the coronavirus outbreak

The European Commission has approved a Belgian scheme of €250 million, financed by the Flemish region, to support companies in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. Belgium notified to the Commission […]

State aid: EU Commission approves €2 billion Slovenian guarantee and rent relief schemes to support companies affected by coronavirus outbreak

The European Commission has approved two Slovenian schemes to support companies affected by the coronavirus outbreak. The schemes were approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “These schemes, with a total […]

State aid: EU Commission approves €101.5 million Lithuanian rent compensation scheme to support sectors affected by coronavirus outbreak

The European Commission has approved a Lithuanian €101.5 million rent compensation scheme to support tenants operating in certain sectors, including retail, hotels, restaurants, culture and sports. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. Executive Vice-President Margrethe Vestager, in […]

State aid: EU Commission approves €900 million Hungarian schemes to support companies affected by coronavirus outbreak

The European Commission has approved three Hungarian aid measures, with a total budget of around € 900 million, to support the Hungarian economy in the context of the coronavirus outbreak. The schemes were approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. Executive […]

State aid: EU Commission approves €200 million Irish scheme to support companies affected by the coronavirus outbreak

The European Commission has approved a €200 million Irish scheme to support companies affected by the coronavirus outbreak. The scheme, called “Sustaining Enterprise Scheme”, was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. The public support, which will take the form of […]

State aid: EU Commission approves €2 billion Finnish public guarantee and subsidised loan scheme to support companies affected by the coronavirus outbreak

The European Commission has approved a €2 billion Finnish aid scheme to support the Finnish economy in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. Executive Vice-President Margrethe Vestager, in charge of competition […]

State aid: EU Commission approves €1 billion Hungarian aid scheme to support companies affected by the coronavirus outbreak

The European Commission has approved a HUF 350 billion (approximately €1 billion) scheme to support the Hungarian economy in the context of the coronavirus outbreak. The support measures available under the scheme will be financed by the EU structural funds. The scheme was approved under the State aid Temporary Framework adopted by the Commission on […]

State aid: EU Commission approves €1 billion Hungarian aid scheme to support companies affected by the coronavirus outbreak

The European Commission has approved a HUF 350 billion (approximately €1 billion) scheme to support the Hungarian economy in the context of the coronavirus outbreak. The support measures available under the scheme will be financed by the EU structural funds. The scheme was approved under the State aid Temporary Framework adopted by the Commission on […]

State aid: EU Commission approves €453 million Swedish rent rebate scheme to support sectors affected by coronavirus outbreak

The European Commission approved a Swedish rent rebate scheme of up to SEK 5 billion (approximately €453 million) in support of tenants operating in the sectors for hotels, restaurants, retail and certain other activities. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on […]

Ukraine: €13 million in humanitarian aid for conflict affected population

As the conflict in eastern Ukraine enters seventh year, the European Commission announces today €13 million to support the most vulnerable people affected by the ongoing hostilities. At the same time, EU funded humanitarian projects will also help address the coronavirus outbreak. Janez Lenarčič, Commissioner for Crisis Management, said: “The European Union stands in full […]

State aid: EU Commission approves €1 billion Croatian schemes to support companies affected by coronavirus outbreak

The European Commission has approved two Croatian schemes to support the Croatian economy in the context of the coronavirus outbreak. The schemes were approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. Under the two schemes, the public support will take the form […]

State aid: EU Commission approves Belgian guarantee scheme mobilising €50 billion support for companies affected by coronavirus outbreak

The European Commission has approved, under EU State aid rules, a €50 billion Belgian loan guarantee scheme to support the Belgian economy in the context of the coronavirus outbreak. The support will be accessible to all companies, including small and medium-sized enterprises (SMEs) and self-employed traders. The aim of the scheme is to help businesses […]