400 million euros for voucher credit facility

The voucher credit facility of €400 million, through which the government provides loans to the Stichting Garantiefonds Reisgelden (SGR), has been approved by the European Commission. The government lends money to SGR, which in turn can provide funds to travel organizations that were at risk of problems because they had to repay travel vouchers to travelers. State Secretary Keijzer of Economic Affairs and Climate is informing the House of Representatives today about the developed voucher credit facility.