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Europe Daily Bulletin No. 12759

10 July 2021
Contents Publication in full By article 22 / 33
EU RESPONSE TO COVID-19 / State aid
Covid-19, green light for EUR 750 million German support for Travel Insolvency Fund
Brussels, 09/07/2021 (Agence Europe)

On Friday 9 July, the European Commission approved a EUR 750 million German scheme in the form of a State guarantee for loans that may be taken out by the Travel Insolvency Fund.

The aim of this support is to reimburse travellers in the event of package tour operator insolvency.

Under the Package Travel Directive, package travel organisers are required to ensure that travellers will be reimbursed for sums they have already paid for services, which were not ultimately provided, either fully...

Contents

SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
SOCIAL AFFAIRS - EDUCATION
EU RESPONSE TO COVID-19
COUNCIL OF EUROPE
NEWS BRIEFS
CALENDAR
CALENDAR EXTRA