Companies in the European Union hit by the coronavirus will be able to ask for a government loan of up to 5% of their 2019 turnover under a new measure proposed by the European Commission, a person familiar with the matter said on Sunday.
The move comes after several EU countries asked for it, other sources with direct knowledge of the matter told Reuters on Saturday, declining to provide details.
The EU executive has in recent weeks relaxed its state aid rules and nodded through trillions of euros via guaranteed loans, grants, subsidised interest rates and short-term export credit insurance offered to virus-hit companies across the bloc.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Italy unveils punishing public debt, deficit forecastsItaly's government forecasts that its economy will plunge into a deep recession this year, with gross domestic product retracting by 8 percent
Leer más »
Privacy in a pandemicQuarantined Poles must submit regular selfies via an app to prove they are staying at home
Leer más »
Potbelly And Ruth's Chris Are Returning Millions In Coronavirus Loans Meant For Small BusinessesThe two chain restaurants successfully applied for a total of $30 million in loans from the Paycheck Protection Program.
Leer más »
Italy picks U.S. firm Abbott Laboratories to supply coronavirus blood testsItaly has picked U.S. healthcare company Abbott Laboratories to supply 150,000 blood testing kits to screen for the new coronavirus as the country prepares to slowly lift a lockdown imposed in March.
Leer más »
Small-business loan program restarts Monday with fresh hopes and $320 billionThe U.S. Small Business Administration will restart a government coronavirus relief loan program for small businesses next week with an additional $320 billion.
Leer más »
A Dozen Public Companies Give Back $160 Million in Small-Business Stimulus Money. Others Say They’ll Keep It.The returned coronavirus hardship loans could provide roughly 770 loans at the average size of $206,000 reported by the Small Business Administration
Leer más »