Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure BE-2018-1/2677 – measures in Belgium
, applies regionally
|Time period||Open ended, started on 01 January 2018|
|Context||Restructuring Support Instruments|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
|Author||Dries Van Herreweghe (Katholieke Universiteit Leuven) and Eurofound|
|Measure added||23 June 2022 (updated 02 November 2022)|
The economic and financial crisis made SMEs with fewer than 10 employees very vulnerable. The number of bankruptcies and business closures was rising. However, many companies could have been helped if they received specific advice at the right time. It is in this context that the "Re-Action" scheme was born. Its aim is to provide emergency assistance free of charge. To entrepreneurs that are potentially in a difficult situation.
The early warning scan is a new initiative since 2018, started by the Walloon Agency for Enterprises and Innovation (Agence pour l'Entreprise et l'Innovation). It consists of an online survey for business owners to notify and inform them of signs that their business might be at risk. The questions are related to planning; advice and external support; finances; human resources or business relations.
After the test, the respondent can contact the appropriate services for additional support through the site. An advisor will analyse the points of improvement and will propose an action plan.
This scheme is coordinated at regional level by SOGEPA. In the province of Luxembourg, this service is hosted by the Chamber of Commerce and Industry of Belgian Luxembourg.
It is a quick way to obtain some personalised information on the status of their company.
|Does not apply to workers||
||Does not apply to citizens|
Local / regional government
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
Eurofound (2022), Early Warning Scan, measure BE-2018-1/2677 (measures in Belgium), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/BE-2018-1_2677.html
30 January 2023
Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.Article
12 September 2022
Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.Article
12 September 2022
This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.Article
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.