A PYMNTS Company

EU Approves €20M Slovenian Scheme For Transportation

 |  February 9, 2021

The European Commission has approved a €20 million Slovenian scheme to support companies active in the public transport sector affected by the coronavirus outbreak. The measure was approved under the State aid Temporary Framework. 

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The public support will take the form of direct grants to compensate public transport providers (including bus and van services) and operators of bus stations for the costs incurred because they were unable to carry out their activities due to the coronavirus outbreak, and to cover the costs of preventive hygiene means in vehicles. 

    The purpose of the scheme is to mitigate the sudden liquidity shortages that these companies are facing due to the restrictive measures implemented by the Slovenian government to limit the spread of the virus. The Commission found that the Slovenian scheme is in line with the conditions set out in the Temporary Framework.

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.