Slovakia
Measures taken in response to coronavirus (COVID-19) pandemic
Adoption date |
Type of measure |
Beneficiaries' sector specification |
Description of measure |
31/03/2020 |
Direct grants |
Households |
80 % of the employee gross salary (up to 1100 €) |
31/03/2020 |
Direct grants |
Households |
180 € to 540 € based on the decrease in sales |
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. |
31/03/2020 |
Direct grants |
Households |
80 % of the employee gross salary (up to 880 €) |
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. |
31/03/2020 |
Direct grants |
Households |
180 € to 540 € based on the decrease in sales |
31/03/2020 |
Direct grants |
Households |
Flat rate 210 € |
31/03/2020 |
Direct grants |
Households |
Flat rate 210 € |
12/03/2020 |
Direct grants |
Households |
55 % of employee gross gross salary |
12/03/2020 |
Direct grants |
Households |
55 % of employee gross gross salary |
28/10/2020 |
Direct grants |
Households |
80 % of the total employee costs (up to 1100 €) |
28/10/2020 |
Direct grants |
Households |
270 € to 810 € based on the decrease in sales |
28/10/2020 |
Direct grants |
Households |
80 % of the total employee costs (up to 1100 €) |
28/10/2020 |
Direct grants |
Households |
270 € to 810 € based on the decrease in sales |
28/10/2020 |
Direct grants |
Households |
Flat rate 315 € |
11/09/2020 |
Equity participation |
Non-financial corporations |
Convertible loan up to 1.8 mln. EUR per company with maturity of 18 or 36-months and interest rate of 8 % p.a. Automatic conversion after the earliest of (i) loan maturity, (ii) new investment round of the company with size higher then the loan amount or (iii) change in the ownership structure. |
28/10/2020 |
Direct grants |
Households |
Flat rate 315 € |
03/02/2021 |
Direct grants |
Households |
100 % of the total employee costs (up to 1100 €) |
03/02/2021 |
Direct grants |
Households |
300 € to 870 € based on the decrease in sales |
03/02/2021 |
Direct grants |
Households |
100 % of the total employee costs (up to 1100 €) |
03/02/2021 |
Direct grants |
Households |
300 € to 870 € based on the decrease in sales |
03/02/2021 |
Direct grants |
Households |
Flat rate 360 € |
03/02/2021 |
Direct grants |
Households |
Flat rate 360 € |
03/02/2021 |
Direct grants |
Households |
80 % of the employee gross salary (up to 1100 €) |
09/06/2021 |
Direct grants |
Households |
100 % of the total employee costs (up to 1100 €) |
09/06/2021 |
Direct grants |
Households |
300 € to 870 € based on the decrease in sales |
09/06/2021 |
Direct grants |
Households |
100 % of the total employee costs (up to 1100 €) |
09/06/2021 |
Direct grants |
Households |
Flat rate 360 € |
09/06/2021 |
Direct grants |
Households |
Flat rate 360 € |
09/06/2021 |
Direct grants |
Households |
One-off renumeration for employees of various social services |
10/08/2021 |
Direct grants |
Households |
80 % of the employee gross salary (up to 1100 €) |
10/08/2021 |
Direct grants |
Households |
180 € to 540 € based on the decrease in sales |
10/08/2021 |
Direct grants |
Households |
80 % of the employee gross salary (up to 1100 €) |
10/08/2021 |
Direct grants |
Households |
Flat rate 210 € |
10/08/2021 |
Direct grants |
Households |
Flat rate 210 € |
10/11/2021 |
Direct grants |
Households |
80 % of the total employee costs (up to 1100 €) |
10/11/2021 |
Direct grants |
Households |
270 € to 810 € based on the decrease in sales |
10/11/2021 |
Direct grants |
Households |
80 % of the total employee costs (up to 1100 €) |
10/11/2021 |
Direct grants |
Households |
Flat rate 315 € |
10/11/2021 |
Direct grants |
Households |
Flat rate 315 € |
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%. |
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). |
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. |