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Factsheet for measure NL-2020-21/980 Updated – measures in Netherlands

Open monument loan

Opengestelde Monumenten-Lening

Country Netherlands , applies nationwide
Time period Temporary, 20 May 2020 – 31 December 2021
Context COVID-19
Type Other initiatives or policies
Category Supporting businesses to stay afloat
– Access to finance
Author Amber van der Graaf (Panteia)
Measure added 13 July 2020 (updated 15 June 2022)

Background information

The Dutch government presented a package of emergency measures to support businesses and workers during the COVID-19 crisis. The cultural and creative sector appears especially badly hit by the crisis and this has led to extra measures being taken. On 27 March, the Minister for Education, Culture, and Science sent a letter to Parliament explaining the need for and content of the planned measures.

Following this first letter on plans to initiate a package of measures, a few weeks later, the announcement was made (after lobbying form the cultural and creative sector), that more support was needed. The Minister for Education, Culture and science announced on 15 April that more financing would be provided to the sector, in the amount of €300 million.

Several plans were later published in May 2020 which indicated what the extra financial injection would be used for. This measure is one of the cultural and creative measures.

Content of measure

The measure targets privately owned, publicly accessible national monuments and heritage sites. This includes churches, windmills, castles, outdoor areas, industrial heritage sites, museum institutes, and city renovation and restoration sites. The measure constitutes a loan for owners of these types of heritage and monument sites and aims to provide those private owners of heritage sites with income they have missed as a result of the COVID-19 crisis. The loan, granted by the National Restoration Fund (NRF), runs 15 years at 1% interest, varies from €10,000 to €2 million, and has the option for delayed payments. The loan is open until the end of 2020.

Updates

The following updates to this measure have been made after it came into effect.

10 December 2021

It is now clear that the Open Monument Loan is a temporary incentive. This loan must be passed at the notary by 31 December 2021 at the latest. Applications had to be submitted no later than 1 December 2021.

18 May 2021

This measure will run until 31 December 2024, the date when the Basic Cultural Infrastructure subsidy of 2021-2024 finishes. See case NL-2020-23/1040, Loan for the opening of monuments and heritage sites

Use of measure

No information available.

Target groups

Workers Businesses Citizens
Does not apply to workers Sector specific set of companies
Other businesses
Does not apply to citizens

Actors and funding

Actors Funding
National government
Other social actors (e.g. NGOs)
National funds
Social partners jointly

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role Consulted Consulted
Form Consultation through tripartite or bipartite social dialogue bodies Consultation through tripartite or bipartite social dialogue bodies

Social partners' role in the implementation, monitoring and assessment phase:

  • Social partners jointly
  • Main level of involvement: Peak or cross-sectoral level

Involvement

Since the outbreak of the COVID-19 crisis, the government has had regular and close consultation with the social partners. Together the national level social partners and the government arrived at the first and second packages of emergency measures, announced 17 March and 20 May respectively. The cultural and creative sectors indicated that their sectors required extra support as it was especially hard hit by the crisis from an early stage.

Views and reactions

The social partners appear satisfied with the concentrated, extra aid and support for the cultural and creative sectors.

Sectors and occupations

    • Economic area Sector (NACE level 2)
      R - Arts, Entertainment And Recreation R91 Libraries, archives, museums and other cultural activities
      R93 Sports activities and amusement and recreation activities

This case is not occupation-specific.

Sources

Citation

Eurofound (2020), Open monument loan, measure NL-2020-21/980 (measures in Netherlands), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/NL-2020-21_980.html

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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.