Government Support Measures

The Governments of Estonia, Latvia and Lithuania and Belarus are supporting businesses with packages of economic measures: wage subsidies, loans and loan guarantees, tax incentives, rent releases and other benefits. Read about them here.

Estonia

See more news in Estonian

Latvia

  • State loans and loan guarantees in Latvia

    Publication / Edvīns Draba

    In Latvia, state funds are channelled to support businesses through the state development finance institution ALTUM. State loans by the state development finance institution ALTUM Small, medium-sized and large enterprises facing financial difficulty due to COVID-19 spread may apply for loans to finance their working capital with subsidized/lower interest rates and decreased security requirements of […]

  • Latvia: On the Declaration of Emergency

    Publication / Eva Berlaus, Ērika Bužinska

    Responsible authority: The Ministry of Health State-declared emergency period: 13 March – 12 May 2020 State and local government institutions will assess and, as far as possible, ensure remote provision of on-site services. Employers must take steps to ensure that those with symptoms of acute respiratory infection are not employed in work involving potential risks to […]

  • Updated information on government support available in Latvia to companies suffering from the COVID-19 outbreak

    Publication / Eva Berlaus

    Since announcing a state of emergency on 12 March 2020 due to COVID-19, the Latvian Government has been working on measures to support affected companies. The following support is already available: Payment of salaries to employees from the state budget: where employees are not working as a direct consequence of limitations imposed by the Government (an order on […]

  • Latvian Government working on measures to support companies suffering from COVID-19 outbreak

    Publication / Eva Berlaus

    Since announcing a state of emergency on 12 March 2020 due to COVID-19, the Latvian Government is working on measures to support affected companies. As to the latest information available, the following is under discussion: –payment of salaries to employees from the state budget: where employees cannot work (due to idle time or otherwise) as […]

Lithuania

Belarus

Contact us