Covid-19, EU – Baltic States, Financial Services, Good for Business, Investments, Lithuania, Markets and Companies

The tasks of the fund include the upholding of the sectors that are considered important for the national economy and their preparation for recovery, promotion of capital market, mobilization of institutional investors and pursuit of investment returns for the participants of the fund.

The government will initially invest 100 million euros and provide the state’s guarantees for bonds, worth up to 400 million euros, which will be issued to raise additional money for the fund. The remainder, i.e. 500 million euros, is expected to be raised from private investors.

The European Commission approved the support scheme in May.