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-2021-14/1802 – measures in Belgium
Country |
Belgium
, applies regionally
|
Time period | Temporary, 02 April 2021 – 31 July 2021 |
Context | COVID-19 |
Type | Legislations or other statutory regulations |
Category |
Supporting businesses to stay afloat
– Deferral of payments or liabilities |
Author | Dries Van Herreweghe (Katholieke Universiteit Leuven) and Eurofound |
Measure added | 02 April 2021 (updated 12 May 2021) |
The events sector has been one of the hardest hit during this coronary crisis. Therefore, a support measure was created that involves a repayable advance to create working capital to prepare and set up new events. One of the main problems for the events sector in the past months was the lack of certainty if planned events would be able to take place or not a few weeks or months later. There have been many reported cases of events that were planned but ultimately abolished as the COVID situation worsened and measures became more strict. This is why the advance payment has a specific clause in case of cancellation, providing an additional buffer against losses for organisers.
The system allows organisers to request a refundable advance for the organisation of new events. The main advantage of the system is the fact that obligation to reimburse expires if the event is cancelled due to governmental measures related to COVID-19.
The advance payment amounts to a minimum of €25,000 and a maximum of €1,800,000 and is limited to a maximum of 60% of the total cost of the event, excluding food and beverages. The support is limited to the non-recoverable costs and unavoidable invoices.
It is the third iteration of the measure, which has been repeated since its first implementation. A third call will be launched on 1 March. This third call is aimed at events in the month of June and July 2021.
No data available.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers |
Sector specific set of companies
|
Does not apply to citizens |
Actors | Funding |
---|---|
Local / regional government
|
Regional funds
|
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | Unknown | Unknown |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
The concrete involvement of the social partners is unclear but employers organisations like Unizo are actively promoting and informing their members about the measure (as they are an EO that is involved in the events sector).
EO Unizo actively promotes the measures and provides information.
This case is sector-specific (only private sector)
This case is not occupation-specific.
Citation
Eurofound (2021), Advance payment for the organisation of events, measure BE-2021-14/1802 (measures in Belgium), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/BE-2021-14_1802.html
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