The economic crisis caused by the spread of the coronavirus triggered an unprecedented response from European governments to support their economies with various measures of support.
This overview summarizes the various support initiatives that have been made available for companies in Europe's most important jurisdictions. Covering seven countries (Germany, United Kingdom, France, the Netherlands, Spain, Belgium, and Italy), we highlight the amount of funds made available, eligibility criteria, how to apply, and what process needs to be followed. It is intended as a high-level overview for companies with operations in one or more of those European countries listed.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.