Council Implementing Decision (EU) 2022/2080 of 25 October 2022 amending Implementing Decision (EU) 2020/1350 granting temporary support under Regulation (EU) 2020/672 to the Republic of Lithuania to mitigate unemployment risks in the emergency following the COVID-19 outbreak

‘1 The Union shall make available to Lithuania a loan amounting to a maximum of EUR 1099060000. 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 Lithuania and the Commission replacing the original loan agreement.’;

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.’.

This Decision is addressed to the Republic of Lithuania. 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.