You are currently viewing European Commission approves €1 billion Cypriot scheme to support enterprises and self-employed individuals in context of coronavirus outbreak

European Commission approves €1 billion Cypriot scheme to support enterprises and self-employed individuals in context of coronavirus outbreak

  • Post author:
  • Post category:Uncategorized

The European Commission has approved a €1 billion Cypriot scheme to support enterprises and self-employed individuals in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €1 billion scheme will enable Cyprus to support companies and self-employed […]