Subsidy Loans for Existing Small and Medium Business Loans Affected by the COVID-19 Virus Pandemic Measures [14/4/2020]
The Action concerns the support of the companies affected by the COVID-19 pandemic, in the form of covering the interest of their business loan obligations for a period of 3 months. The above period may be extended to 5 months at the request of the recipient of the aid. This measure will be included in the list of measures to be forwarded by the EU by 31/12/2020, under schemes adopted on 19.3.2020 / C (2020) 1863 Announcement of the European Commission on the Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak.
750 million euros
If the available budget is not sufficient to cover all the requirements of the approved applications, it will be increased until they are fully covered.
Period for submission of investment projects
From 15/04/2020 (12:00) to 31/08/2020 (17:00).
Contact - Info:
Information by calling 1520, opening hours 09: 00-17: 00.