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Bankrupt entrepreneurs may be able to draw a so-called compensation bonus of 500 crowns per day, retroactively, if their businesses were impacted by the Covid-19 pandemic, according to an amendment approved by MPs and government proposals.
The proposed change applies to only natural persons – entrepreneurs in bankruptcy. According to Minister of Finance Alena Schillerová (for ANO), extending the range of beneficiaries was made possible by the preliminary consent of the European Commission, which had previously rejected such a measure.
The Ministry of Finance has previously stated that it wants bankrupt entrepreneurs to be able to draw on all assistance programs against the effects of the pandemic. If signed into law, as expected, persons in bankruptcy will be able to apply for the allowance within two months of its entry into force.