Corona Crisis: Support Measures for Businesses

All over the world, aid packages are focused on actions to tackle the COVID-19 outbreak and reduce the economic effects of the virus. Read more about measures in Germany, on the European level and the US in our update.
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Businesses across the region are wondering what to do about financial commitments, debt and staff.

In our briefing you will find information on:

 

Measures on the European Level

  • The European Commission has provided its member states with a temporary framework of aid to support the economy. Among other things, the new framework allows member states to grant subsidies or relief of 500,000€ to companies and to secure loans with state guarantees. More information about the EU temporary framework on the website of the European Commission: https://bit.ly/2QJxkws

  • Find information about Covid-19 impact to foreign direct investment in the EU

  • Aid of the European Investment Bank

 

Measures in Germany

 

Measures in the US

  • Updated guidance on securing CARES act stimulus funding for small businesses

 

The information will be steadily updated.

 

 

For more detailed information please contact:

Heather Liermann

Head of Department

Membership Engagement & Development