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ÚOHS: EC gave CR the green light to pay out support from COVID Gastro

(ČIA) The European Commission (EC) has given the Czech Republic the green light for support measure COVID Gastro/Closed establishments. This was reported by the Office for the Protection of Competition (ÚOHS). The program will enable the Ministry of Industry and Trade of the Czech Republic to pay out support of up to CZK 6bn. The value of the subsidy is dependent on the number of employees and days during which the establishment in question was between October 9, 2020 and January 10, 2021 affected by measures to counter the epidemic. The aim is to ensure that recipients have the necessary liquidity and to help them sustain their enterprise. The maximum value of support for one company is set at CZK 800,000.

 

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