Council Implementing Decision (EU) 2022/2079 of 25 October 2022 amending Implementing Decision (EU) 2020/1348 granting temporary support under Regulation (EU) 2020/672 to the Republic of Croatia to mitigate unemployment risks in the emergency following the COVID-19 outbreak

‘1 The Union shall make available to Croatia a loan amounting to a maximum of EUR 1570600000. 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.’;

‘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 Croatia and the Commission replacing the original loan agreement.’;

Croatia may finance the following measures: (a) the job preservation subsidies in sectors affected by COVID–19, pursuant to Articles 35 and 36 of the “Labour Market Act” and as provided for in the Croatian “Employment Service decision of 20 March 2020” as last amended by a decision adopted on 31 May 2022; and (b) the aid for reduced working hours, pursuant to Articles 35 and 36 of the “Labour Market Act” and as provided for in the Croatian “Employment Service decision of 29 June 2020” as last amended by a decision adopted on 27 January 2022.’.

This Decision is addressed to the Republic of Croatia. This Decision shall take effect on the date of its notification to the addressee.

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