Legal provisions of COM(2022)479 - Amendment of Implementing Decision (EU) 2020/1350 granting temporary support to Lithuania to mitigate unemployment risks following the COVID-19 outbreak

Please note

This page contains a limited version of this dossier in the EU Monitor.

dossier COM(2022)479 - Amendment of Implementing Decision (EU) 2020/1350 granting temporary support to Lithuania to mitigate unemployment risks ...
document COM(2022)479 EN
date October 25, 2022


Article 1

Implementing Decision (EU) 2020/1350 is amended as follows:

(1)Article 2 is amended as follows:

(a)paragraphs 1 and 2 are replaced by the following:

‘1.   The Union shall make available to Lithuania a loan amounting to a maximum of EUR 1 099 060 000. The loan shall have a maximum average maturity of 15 years.

2. The availability period for financial assistance granted by this Decision shall be 39 months starting from the first day after this Decision has taken effect.’;

(b)paragraph 4 is replaced by the following:

‘4.   The first instalment shall be released subject to the entry into force of the loan agreement provided for in Article 8(2) of Regulation (EU) 2020/672. Any further instalments shall be released in accordance with the terms of that loan agreement or, where relevant, be subject to the entry into force of an addendum thereto, or of an amended loan agreement concluded between Lithuania and the Commission replacing the original loan agreement.’;

(2)Article 3 is replaced by the following:

‘Article 3

Lithuania may finance the following measures:

(a)wage subsidies during time without work, as provided for in Article 41 of “Law on Employment No XII-2470” of 21 June 2016, as last amended by “Law No XIV-911” of 20 January 2022;

(b)wage subsidies after time without work, as provided for in Article 41 of “Law on Employment No XII-2470” of 21 June 2016, as last amended by “Law No XIV-351” of 27 May 2021;

(c)benefits to the self-employed, as provided for in Article 5-1 of “Law on Employment No XII-2470” of 21 June 2016, as amended in 2020;

(d)benefits to the self-employed engaged in agriculture, as provided for in Article 5-2 of “Law on Employment No XII-2470” of 21 June 2016, as amended in 2020.’.

Article 2

This Decision is addressed to the Republic of Lithuania.

This Decision shall take effect on the date of its notification to the addressee.

Article 3

This Decision shall be published in the Official Journal of the European Union.