Czech gov’t approves interest free loans for businesses

MNB

Photo by Kamilalala/Shutterstock.com

The Czech-Moravian Guarantee and Development Bank will launch a special coronavirus loan program in order to support entrepreneurs, Trade and Industry Ministry spokeswoman Štěpánka Filipová has announced. 

Photo by Kamilalala/Shutterstock.com

Businesses have been able to send applications from Monday (March 16), two weeks ahead of the original plan, Filipová said on Sunday.

The government has set aside some CZK 600 million (approximately EUR 21.95 mln) for the coronavirus loan program, Czech Radio reports.

ADVERTISEMENT

Almost half of Hungarians get fringe benefits, survey shows Analysis

Almost half of Hungarians get fringe benefits, survey shows

19,000 young jobseekers hired in expanded subsidy program Government

19,000 young jobseekers hired in expanded subsidy program

Healthcare Roadshow Highlights Innovation, Screening Awarene... Interview

Healthcare Roadshow Highlights Innovation, Screening Awarene...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.