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Updated: Guide To Financial Support Measures Across Europe And The Middle East

By Rachael Markham on June 10, 2021

Our most recently updated guide includes updates for the UK, UAE, Germany, the Czech Republic, Italy.

In brief, the updates include:

UK

  • Updates to the Coronavirus Job Retention Scheme (CJRS), Statutory Sick Pay (SPP) and VAT deferral scheme.

United Arab Emirates

  • An extension to the TESS scheme

Germany

  • Updates on Bridging Aid available to small and medium-sized companies, and applications for extraordinary financial and hardship assistance applications
  • AID for Vaccine Glass Production

Czech Republic

  • Changes to applications for Programme COVID-2021

Italy

  • Updates on the SACE S.p.A. (the Italian Export Credit agency) being authorised to grant a public guarantee in favour of financial institutions (national or international) that provide loans to companies.
  • The Guarantee Fund for Small and Medium Enterprises measurers have been updated and are now available until December 2021.
  • Additional guarantee fund for portfolios of medium-long term financing to SMEs for research and development projects and investment programs are now available.
  • The Pool of Business Assets allocated exclusively to support the Italian productive system by Cassa Depositi e Prestiti (CDP) will be available soon.
  • A Fund for the support of shutdown economic activities has been ordered.
  • Increases to the endowment of the fund for the support of internationalization and the endowment of the revolving fund
  • Updates to the sanitation purpose and inventory tax credit
  • Updates to the Tax exemption from Local Municipal Tax (IMU) for tourism sector.
  • Update to the Financial support to large companies for 2021.
  • Posted in:
    International
  • Blog:
    Restructuring Globalview
  • Organization:
    Squire Patton Boggs
  • Article: View Original Source

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