Flemish Government: Flemish businesses losing at least 60% of their turnover to the novel Coronavirus (COVID-19) crisis are to benefit from a new support mechanism announced by the regional government.

The measure,announced on Friday,covers the period from 1 August to 30 September,but the assistance can only be requested after then. It will be in the form of a financial injection with a ceiling of 15,000 euros per business,to be reduced for self-employed persons and companies open for fewer days than in August-September 2019.

While businesses can only apply for the assistance from October,they can already receive an advance of up to 2,000 euros.