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 LT-2020-12/1164 – measures in Lithuania
|Country||Lithuania , applies nationwide|
|Time period||Temporary, 16 March 2020 – 31 December 2020|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Direct subsidies (full or partial)
|Author||Inga Blaziene (Lithuanian Social Research Centre)|
|Measure added||21 September 2020 (updated 15 October 2020)|
On 4 May 2020, Order No 4-275 of the Minister for the Economy and Innovation of the Republic of Lithuania came into force in Lithuania to approve the state-aid scheme and description of the terms of the instrument “Partial compensation of lease payments for businesses most affected by COVID-19”. The instrument provides for partial compensation of lease payments during quarantine and for at least 60 days thereafter to businesses most affected by COVID-19
Partial compensation of lease payments is provided to the companies most affected by COVID-19, whose annual income in 2019 did not exceed €50 million or the carrying amount of assets did not exceed €43 million as of 31 December 2019, and to entrepreneurs whose activities were prohibited or restricted during the quarantine period.
Other eligibility requirements:
The maximum possible amount of compensation of lease payments per month is 50%. Partial compensation of lease payments is provided to cover costs of rent or lease services incurred by the applicant during the compensation period (i.e. from 16 March 2020 until for at least 60 calendar days after the end of the quarantine period). The rest of the costs shall be covered by the legal entity itself.
According to the data provided by the administering agency (Invega), on 20 September 2020, about €23.51 million was already allocated to compensations for lease payments. A total of 6,120 applications have been received, of which 1,126 are being processed, 702 – returned for being revised, 1,152 – denied, and 3,140 – approved
|Does not apply to workers||Applies to all businesses||Does not apply to citizens|
Social partners jointly
Public support service providers
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Any other form of consultation, institutionalised (as stable working groups or committees) or informal||Any other form of consultation, institutionalised (as stable working groups or committees) or informal|
Social partners' role in the implementation, monitoring and assessment phase:
No information available.
Social partners consulted only ad hoc, the tripartite meeting was not held.
Eurofound (2020), Partial compensation of lease payments for businesses most affected by COVID-19, measure LT-2020-12/1164 (measures in Lithuania), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/LT-2020-12_1164.html
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