On Monday 26 April, the European Commission authorised a Czech public aid scheme of €1.9 billion to support the uncovered fixed costs of companies affected by the coronavirus pandemic. The scheme was authorised under the EU’s temporary framework on state aid.
The support scheme will be open to all companies of all sizes and active in all sectors, except the financial sector. The public support will compensate part of the uncovered fixed costs incurred by the beneficiaries in a period...