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Law-Now 21 Jul 2020 · Slovakia

Government measures to support companies in Slovakia affected by COVID-19

1 min read
Following the completion of the first round of government subsidies for companies affected by the COVID-19 crisis, the second round of state aid is now being implemented. The Slovak government organisation supporting public and private investments in strategic sectors in Slovakia, Slovak Investment Holding (SIH), prepared the next programme of financial assistance to secure guarantees for Slovak banks, which are to provide favourable loans to companies. EXIMBANKA SR, the Slovak government’s export-credit agency, is in the process of preparing bridge loans to help maintain operations, employment, as well as investments for small and medium-sized enterprises.

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