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Commission approves €25 million Dutch subsidized loans scheme to support small and micro companies affected by #Coronavirus outbreak

Commission approves €25 million Dutch subsidized loans scheme to support small and micro companies affected by #Coronavirus outbreak

| July 9, 2020

The European Commission has approved a €25 million Dutch scheme providing subsidized interest rates for loans to small and micro companies affected by the coronavirus outbreak. The scheme was approved under the state aid Temporary Framework. The scheme will be managed by Qredits, a non-profit microcredit provider.The measure aims at ensuring access to liquidity for […]

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Commission approves €160 million Dutch scheme to compensate companies that offer special transport services which suffered due to #Coronavirus outbreak

Commission approves €160 million Dutch scheme to compensate companies that offer special transport services which suffered due to #Coronavirus outbreak

| July 1, 2020

The European Commission has approved under EU state aid rules a €160 million Dutch scheme to compensate companies offering special transport services for specific groups such as children and elderly persons who are not able to take regular public transport to go to school or to certain social activities. In the Netherlands these special transport […]

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Commission approves measure allowing the creation of a new development finance institution in the Netherlands

Commission approves measure allowing the creation of a new development finance institution in the Netherlands

| June 1, 2020

The European Commission has approved, under EU state aid rules, Dutch plans to set up a new development finance institution named “Invest International”. Invest International will be set up as a joint venture between the Dutch State and the existing Dutch development finance institution FMO. The Dutch State would grant start-up capital of up to […]

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Commission approves compensation for early closure of coal fired power plant in the Netherlands

Commission approves compensation for early closure of coal fired power plant in the Netherlands

| May 13, 2020

The European Commission has concluded that the compensation of €52.5 million granted to coal-fired power plant Hemweg (pictured) by the Netherlands for the early closure imposed on the plant is in line with EU state aid rules. The measure will contribute to reducing CO2 without unduly distorting competition in the EU’s Single Market. On 11 December […]

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Dutch to begin easing #Coronavirus lockdown measures next week, government says

Dutch to begin easing #Coronavirus lockdown measures next week, government says

| May 7, 2020

The Netherlands has joined several European countries in announcing the easing of its coronavirus lockdown, outlining a four-month plan to phase out social restrictions if the virus remains under control, write Anthony Deutsch and Toby Sterling. The lifting of measures will begin next week and will be expanded in stages through 1 September, Dutch Prime […]

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#Coronavirus – EU coordinates assistance to alleviate stock shortages on Dutch Caribbean islands

#Coronavirus – EU coordinates assistance to alleviate stock shortages on Dutch Caribbean islands

| April 26, 2020

Following a request for assistance via the EU Civil Protection Mechanism in the fight against the coronavirus pandemic, the EU is co-ordinating the delivery of assistance to six Dutch Caribbean Islands. Crisis Management Commissioner Janez Lenarčič said: “The coronavirus pandemic has affected the whole of Europe and beyond. Thanks to the offer from the Netherlands, […]

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Commission approves Dutch guarantee scheme of up to €10 billion to support the economy in context of #Coronavirus outbreak

Commission approves Dutch guarantee scheme of up to €10 billion to support the economy in context of #Coronavirus outbreak

| April 24, 2020

The European Commission has approved a Dutch loan guarantee scheme of up to €10 billion to support the Dutch 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. In order to address companies’ liquidity […]

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