Pursuant to the decision of the European Commission of 28 January 2021 our Compensation Loan, Compensation Loan Protection and Compensation Insurance Program contract has been extended to 31 December 2021. 

With the aim to mitigate the economic damage caused by the COVID pandemic, the European Commission has extended the validity of the Commission Communication originally adopted on 19 March 2020. Accordingly, the contracting deadline under our Compensation Loan, Compensation Loan Protection and Insurance Program has been extended to 31 December 2021. The deadline for the submission of applications is 15 December 2021; all other terms and conditions remain unchanged.

Detailed information about our Compensation Program Package can be viewed and downloaded here.

The summary of the relevant decision of the European Commission and the official communication of the European Commission are available on the website of the State Aid Monitoring Office: here.