Brussels – The European Commission has approved a EUR 22.8 million worth Slovenian scheme to support companies in various sectors affected by the coronavirus outbreak and the restrictions implemented to limit the spread of the virus.
In a press release issued on Monday the Commission said the Slovenian measure was approved under the State aid Temporary Framework.
The aid, which will take the form of direct grants, will cover the costs corresponding to the holiday pay for employees’ annual leave.
Eligible for support are companies of all sizes active in the sectors most severely affected by disruption to business due to Covid-19 and measures related to it, such as for accommodation and food services, travel and rental related activities, arts, entertainment and recreation sectors.
The financial, agriculture, fishery and aquaculture sectors are not eligible.
The beneficiaries must have suffered an annual turnover decline of at least 20% in 2021, compared to 2019 or 2020.
The aid will not exceed EUR 1.8 million per company and will be granted by 31 December 2021, which is in line with the conditions set out in the Temporary Framework.