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New €200m enterprise support scheme due next week

Eu business Trade Coronavirus
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The Government is expected to announce details of a new €200m scheme of enterprise supports for businesses suffering as a result of the Covid-19 pandemic early next week.

The measures will be aimed at the manufacturing and internationally traded sectors and were approved by the EU under a temporary framework governing state aid rules earlier this week.

Firms with 10 or more full-time employees which have seen their turnover decline by 15% or more since the coronavirus crisis began will be able to access the loans.

It is understood the fund will also be accompanied by a further €25m in additional supports to help micro-enterprises struggling with the current restrictions.

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United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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