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 CZ-2021-10/1810 – Updated – measures in Czechia
|Country||Czechia , applies nationwide|
|Time period||Temporary, 01 March 2021 – 30 June 2022|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Direct subsidies (full or partial)
|Author||Soňa Veverková (Research Institute for Labour and Social Affairs) and Eurofound|
|Measure added||06 April 2021 (updated 28 May 2022)|
The guarantee scheme helps small and medium-sized travel agencies and travel bureaus, in particular, to meet the legal obligation to insure against insolvency.
Eligible applicants are travel bureaus and travel agencies which concession was not cancelled, suspended or interrupted until at least 12 March 2020. Eligible expenditure are those required by the insurance company to conclude the insurance contract.
The maximum amount of the support is up to 75% of the required travel agency or travel bureau insurance amount up to a limit of 30% of the insurance indemnity (e. g. maximum sum insured), however, a maximum of CZK 4,000,000 (€153,344). The validity of the guarantee may exceed the agreed insurance period by a maximum of 6 months.
Applications are to be sent to the state run Czech-Moravian Guarantee and Development Bank (Českomoravská záruční a rozvojová banka, ČMZRB . Insurance contract between insurance company and travel agency or travel bureau have to be included.
This call is opened from 1 March 2021 until 31 December 2021.
As of 23 March 2022 the National Development Bank (Národní rozvojová banka, NRB , the former Czech-Moravian Guarantee and Development Bank (Českomoravská záruční a rozvojová banka, ČMZRB , supported 133 subjects with the total amount of CZK 200,000,000 (€8,190,008).
|Does not apply to workers||
Sector specific set of companies
||Does not apply to citizens|
Company / Companies
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Direct consultation outside a formal body|
Social partners' role in the implementation, monitoring and assessment phase:
The guarantee scheme was discussed by the Ministry of Industry and Trade of the Czech Republic with the participation of the Ministry for Regional Development of the Czech Republic and ČMZRB, and also with the Association of Tour Operators and Travel Agents of the Czech Republic, Asociace českých cestovních kanceláří a agentur , the Czech Tourism Union, Česká unie cestovního ruchu and the Czech Insurance Association, Česká asociace pojišťoven .
|Economic area||Sector (NACE level 2)|
|N - Administrative And Support Service Activities||N79 Travel agency, tour operator and other reservation service and related activities|
This case is not occupation-specific.
Eurofound (2021), COVID Travel Agency Guarantee, measure CZ-2021-10/1810 (measures in Czechia), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/CZ-2021-10_1810.html
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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.