General national economic measures 

 

*tax returns and or VAT returns suspended/delayed 

*loan repayment holiday 

 

More information:  

-Deferrals for corporate income and personal income taxes, and VAT. 

-Suspension of payment of loan instalments for businesses and individuals from March 16 until April 30. This suspension could be extended depending on the situation.  

 

In addition, the EU has approved assistance for Kosovo via its neighbourhood programme (part of its Western Balkans Covid-19 package worth 410m euros). On top of funds for healthcare systems, the EU is mobilised €63 million to support the social and economic recovery of Kosovo. How the money is to be spent is being co-ordinated with the EU, international and national financial institutions “to support the real economy, including SMEs, and support liquidity, also of the banking sector.”  

RUNDA (the independents music companies association for the region) would like to see part of these monies used to support music and other cultural sectors.  

National measures specific to the music sector or to culture in general 

 

None so far.

Measures taken by local collecting society organisations 

None so far.

Other music fund available 

 

None so far.

 

Support from online services 

 

None so far. For more initiatives by online services, click here.

 

Support from national radio and other media 

 

None so far. 

 

Social media campaign to promote music during the crisis 

 

None so far. 

 

Local programmes supported by EU funds covering music 

 

None so far. 

Business and other expected losses 

 

Still under evaluation. 

IMPALA represents independent music companies and national associations in Europe. Our main site is www.impalamusic.org where you can find out more about what IMPALA does. 

Address: 70 Coudenberg - 1000 Bruxelles

Tel: +32 2 503 31 38

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