Slovakia
Measures taken in response to coronavirus (COVID-19) pandemic
Adoption date | Type of measure | Beneficiaries' sector specification | Description of measure | ||
06/04/2020 | Direct grants | Households | Up to 80 per cent of the employee salary will be repaid by the government for those firms which are obligatory closed | ||
08/04/2020 | Direct grants | Households | For April, the government will contribute for the salary of employee or self-employed if there is a fall in revenues more than 20 per cent - by EUR 180; fall in revenues by 40 per cent - by 300 EUR; fall in revenues by 60 per cent - by 420 EUR; fall in revenues by 80 per cent - by 540 EUR | ||
23/06/2020 | Public guarantees | Non-financial corporations | Principal from 2 mi. EUR to 20 mil. EUR, based on credit limits and internal rating system of cooperating commercial bank. Maturity set for 2 to 6 years, with possible deferred installments for initial 12 months. Interest rate up to 1,9% with possible full guarantee fee refund. Funds provided by individual commercial bank, guaranteed by Eximbanka SR. | ||
25/03/2020 | Direct grants | Households | For employee at quarantine and for relatives at home with children, there will be 55 percent of the gross salary paid by government for full period of staying at home | ||
20/05/2020 | Tax deferrals | Non-financial corporations | Payment of an emnployer social contribution will be delayed for employer if there is fall in revenues more than 40 percent | ||
22/04/2020 | Tax deferrals | Non-financial corporations | Payment of income taxes will be delayed if there is fall in revenues more than 40 percent | ||
22/04/2020 | Tax deferrals | Non-financial corporations | There is option for employers to offsett non applied lossess from the year of 2015 | ||
16/04/2020 | Public guarantees | Non-financial corporations | Principal up to 350 tsd. EUR, based on credit limits and internal rating system of SZRB. Maturity set for 3 years, with deferred installments for initial 12 months. Interest rate up to 4% with possible full interest bonification. Funds provided by Slovenska zarucna and rozvojova banka, guaranteed by Ministry of finance of Slovak republic. | ||
27/04/2020 | Public guarantees | Non-financial corporations | Principal up to 0,5 mil. EUR, based on credit limits and internal rating system of Eximbanka SR. Maturity set for 3 years, with deferred installments for initial 12 months. Interest rate up to 4% with possible full interest bonification. Funds provided by Eximbanka SR, guaranteed by Ministry of finance of Slovak republic. | ||
23/03/2020 | Public guarantees | Non-financial corporations | Principal up to 1,18 mil. EUR, based on credit limits and internal rating system of commercial bank. Maturity set for 3 or 4 years, with deferred installments for initial 12 months. Interest rate up to 4% with possible full interest bonification. Funds provided by individual commercial bank, guaranteed by National development fund II. | ||
22/06/2020 | Public guarantees | Non-financial corporations | Principal up to 0,5 mi. EUR for microenterprises and up to 2 mil. EUR for SME, based on credit limits and internal rating system of cooperating commercial bank. Maturity set for 2 to 6 years, with possible deferred installments for initial 12 months. Interest rate up to 1,9% for SME and up to 3,9% for microenterprises with possible full guarantee fee refund. Funds provided by individual commercial bank, guaranteed by National development fund II. | ||
22/06/2020 | Public guarantees | Non-financial corporations | Principal up to 0,5 mi. EUR for microenterprises and up to 2 mil. EUR for SME and large corporations, based on credit limits and internal rating system of cooperating commercial bank. Maturity set for 2 to 6 years, with possible deferred installments for initial 12 months. Interest rate up to 1,9% for SME and large corporations and up to 3,9% for microenterprises with possible full guarantee fee refund. Funds provided by individual commercial bank, guaranteed by National development fund I. | ||
02/04/2020 | Public moratoria | Households | Installments of loans (including principal and interests) from banks can be postponed by 9 months, in case of loans from other companies by 3 months, with the possibility to extend by other 3 months. | ||
02/04/2020 | Public moratoria | Non-financial corporations | Installments of loans (including principal and interests) from banks can be postponed by 9 months, in case of loans from other companies by 3 months, with the possibility to extend by other 3 months. | ||
28/10/2020 | Direct grants | Households | Up to 80 per cent of the total cost on the employee will be repaid by the government for those firms which are obligatory closed | ||
28/10/2020 | Direct grants | Households | For April, the government will contribute for the salary of employee or self-employed if there is a fall in revenues more than 20 per cent - by EUR 270; fall in revenues by 40 per cent - by 450 EUR; fall in revenues by 60 per cent - by 630 EUR; fall in revenues by 80 per cent - by 810 EUR | ||
08/04/2020 | Direct grants | Households | Support self-employed without income who lost income during the pandemics. | ||
28/10/2020 | Direct grants | Households | Support self-employed without income who lost income during the pandemics. | ||
08/04/2020 | Direct grants | Households | Support people without income who lost income during the pandemics. | ||
28/10/2020 | Direct grants | Households | Support people without income who lost income during the pandemics. | ||
13/03/2020 | CCoB | Banking sector | Banks may, in duly justified cases, temporarily operate below the level of capital defined by the capital conservation buffer (CCoB), which is currently set at 2.5%. | ||
28/04/2020 | CCyB | Banking sector | The NBS Banking board repealed an existing decision to increase the rate to 2.00% as from 1 August 2020 and decided to keep it unchanged at 1.50%. | ||
14/07/2020 | CCyB | Banking sector | Decrease of CCyB rate by 0,5 p.p. to 1.00% level from 1 August 2020. | ||
13/03/2020 | Buffer usability | Banking sector | Banks may partially meet Pillar 2 Requirements (P2R) using capital instruments that do not qualify as Common Equity Tier 1 (CET1) capital. | ||
13/03/2020 | Buffer usability | Banking sector | Banks will be allowed to operate temporarily below the level of capital defined by the Pillar 2 Guidance (P2G). | ||