GSK Update - COVID-19: Luxembourg’s Aid Scheme and Loan Guarantee Scheme

By Beate Dünschede for GSK Stockmann, April 20 2020
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Like many other European states, Luxembourg took, and is still about to take, many unprecedented support measures for the real economy strongly affected by COVID-19. Luxembourg recently adopted the law of 3 April 2020 on the provision of aid to undertakings in temporary financial difficulties and the law of 18 April 2020 on the guarantee regime for the Luxembourg economy in the course of the COVID-19 outbreak.

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