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COVID-19: European Commission approves Wallon guarantee scheme 

13/05/2020

On 30 April 2020, the European Commission approved the guarantee scheme of the Walloon Region with a budget of EUR 530 million to support the Walloon economy during the COVID-19 crisis. This scheme will be implemented by SOWALFIN (SMEs), GELIGAR, a subsidiary of SRIW (large enterprises), SOGEPA (turnaround enterprises) and “Wallonie Santé” (healthcare organisations, retirement homes, etc.). The notified and approved scheme is an exceptional measure to support the economy in Wallonia in the context of the current pandemic linked to COVID-19.

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Portrait ofAnnabelle Lepièce
Annabelle Lepièce
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Brussels