Posts tagged as business support

EU Commission approves Lithuania’s business support scheme

Thursday, April 9, 2020

The European Commission has approved Lithuania’s 110-million-euro aid scheme to support businesses during the  coronavirus   crisis. The scheme was approved under the Temporary Framework  adopted   by the Commission last month, which allows member countries to bypass some of the stringent economic regulations on state aid for businesses, selective tax advantages, subsidies, and other measures. The scheme “will enable public guarantees on loans to support Lithuania’s economy during the…