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Tag: belgian

State aid: EU Commission approves €21 million Belgian scheme to support the production of coronavirus-relevant products in the Flemish region

The European Commission has approved a €21 million Belgian scheme to support the production of coronavirus-relevant medical products, equipment, technologies and raw materials in the Flemish region. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020 and 8 May 2020. […]

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 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 endorses extension of Belgian seafarer scheme for maritime transport

The European Commission has approved under EU State aid rules the extension to new types of vessels of a scheme supporting the maritime transport sector in Belgium. Under the existing scheme, seafarers employed on self-propelled vessels registered in a Member State of the European Economic Area can benefit from a reduction of social security contributions. […]

State aid: EU Commission approves €4 million Belgian scheme to support coronavirus related research and development projects

The European Commission has approved a €4 million Belgian direct grant scheme for the Brussels-Capital region to support coronavirus related research and development (R&D) projects in the Brussels-Capital region. 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 […]

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 […]

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. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This Belgian guarantee scheme, which is expected to mobilise up to €50 billion of liquidity, will […]

State aid: EU Commission approves Belgian measure

State aid: EU Commission approves Belgian scheme deferring payment by Walloon airports of concession fees to mitigate economic impact of coronavirus outbreak The European Commission has approved a Belgian scheme deferring the payment by Walloon airports of concession feesto mitigate the economic impact of the coronavirus outbreak. The scheme was approved under the State aid […]