State Aid: Overview of the differences between NOW and NOW 2.0
The Emergency Bridge Fund for Employment (Noodmaatregel Overbrugging Werkgelegenheid or "NOW") aims to provide assistance to employers suffering from an acute and significant drop in revenue, through partial coverage of wage costs. The second tranche of the scheme – NOW 2.0 – was announced on 20 May. The main conditions and differences compared to the first version (based on what is currently known) are set out below. We will update this overview as more information becomes available.