On Tuesday 30 March, the European Commission approved a €400 million Dutch loan scheme (known as the ‘Voucherfonds’) to support businesses during the Covid-19 pandemic that normally provide package tours and related services. The scheme was approved under the State aid Temporary Framework.
Since the start of the pandemic in March 2020, companies offering package tours and travel services in the Netherlands and other Member States have issued vouchers (‘corona vouchers’) to...