Politics

European Commission Okays Croatia's Aid Scheme for Maritime Sector, Transport, Infrastructure

By 28 March 2022
pixabay
pixabay

28 March 2022 - The European Commission on Monday approved Croatia's €7.5 million state aid scheme for the maritime sector, transport and transport infrastructure affected by the COVID-19 pandemic.

The state aid will be used to cover fixed costs incurred from March 2020 to June 2020.

Enterprises that suffered at least a 30 percent decline in their revenue in this period compared to the corresponding period in 2019 are eligible to this aid.

The maximum amount of aid is HRK 12 million, and the aid should be approved by no later than 30 June 2022.

The temporary framework for state aid was adopted on 19 March 2020 at the start of the pandemic when the enterprise sector faced difficulties due to a lockdown.

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