Netherlands

No amount/estimate: March 2020, EUR6 million credit created by reducting interest rates from Qredits.

(i) No amount/estimate: March 2020, De Nederlandsche Bank (DNB) reduced systemic buffers from the current 3% of global risk-weighted exposures to 2.5% for ING, 2% for Rabobank and 1.5% for ABN Amro; (ii) No amount/estimate: March 2020, Planned introduction of a risk weight floor for mortgage loans has been postponed. It is expressly intended that this released capital is used to support lending, as opposed to paying dividends or buying back own shares; (iii) No amount/estimate: 17 September 2020, The DNB is following the ECB and providing temporary relief for banks' leverage ratio based on exceptional circumstances in the corona pandemic. The ECB expects the temporary measure to improve the aggregate leverage ratio by 0.3%.

EUR36 billion for deferral of tax collection of VAT, income, corporate, wage and turnover taxes from companies, repayable on 1 July 2021.

No amount/estimate: Default penalties for taxes will not need to be paid in cases where extensions are approved, while interest on overdue taxes will be reduced to 0.01% until 31 December 2021.

(i) EUR2 billion for compensation of self-employed and independent entrepreneurs without staff; (ii) 8 April 2020, EUR175 million for Childcare Compensation for parents who continue paying for childcare during the lockdown; (iii) No amount/estimate: 30 March 2020, self-employed (without employees) hit by the corona crisis are to receive monthly EUR1,050 over the next three months, irrespective of their savings. For married couples or couples with children, a maximum of EUR1,500 a month will apply; (iv) 20 May 2020, Increased subsidies for citizens to make their homes more environmentally sustainable (the “SEEH scheme"), (v) 20 May 2020, EUR50 million in housing incentives for prospective homeowners belonging to vulnerable groups; (vi) 2 September 2020, EUR8.5 million as compensation for parents who fall outside the emergency childcare scheme; (vii) 21 January 2021, EUR135 million in grants to students whose studies are delayed due to coronavirus measures and who graduate between February 2021 and the end of August 2021. This scheme will be effective up to and including August 2021; (viii) 12 March 2021, EUR260 million to help households with financial problems in paying for their fixed (housing) costs; (ix) No amount/estimate: 20 April 2021, The Cabinet has decided to make the first 9 weeks of parental leave paid. The scheme will take effect on 2 August 2022; (x) 12 May 2021, EUR275 million in additional childcare allowances. This allowance is an approximation of the parents' personal contributions toward the expenses.

(i) 1 April 2020, EUR10 billion for temporary compensation of employers’ wage costs, up to 90% of wage bill, conditional on at least 20% fall in turnover in the months March to May compared to 2019 (NOW scheme). In addition, the government will cover 30% of pension contributions and the employers' premium; (ii) EUR465 million in emergency support in the form of a lump sum of EUR4,000 for businesses that were forced to close due to government regulations (TOGS scheme); (iii) No amount/estimate: 1 April 2020, the government will cover 30% of pension contributions and the employers' premium; (iv) No amount/estimate: 20 May 2020, The government will compensate public transport companies for the loss of income and extra costs they face due to the crisis; (v) EUR1.4 billion allocated for tax-free allowances to affected SMEs to pay their fixed material costs; (vi) EUR77 million to support remote care, aimed at frail elderly people living at home and people with chronic illnesses or disabilities. The intervention takes the form of a subsidy for healthcare providers who want to use digital applications, and applications are limited at EUR50,000 per request; (vii) 5 October 2020, EUR4 billion for a job-related investment discount to support SMEs. The investment discount will allow them to offset capital expenditures with the payroll tax; (viii) 4 November 2020, The EC approved EUR1.5 billion to compensate public transport companies for damages suffered due to the pandemic. A further EUR740 million was made available for the first half of 2021. In an extension of the measure, another EUR370 million is made available for the second half of 2021; 21 January 2021: (ix) EUR3.8 billion for the extension of the Fixed Costs Grant Scheme (TVL) to the first two quarters of 2021, while also allowing larger business (non-SMEs) to qualify for the support. As of 10 May 2021, the scheme has officially been opened to large companies, who can submit applications until 10 June. On 12 March 2021, an additional EUR450 million is earmarked to increase the TVL subsidy from 85% to 100% in the second quarter of 2021; (x) EUR160 million to compensate retailers for holding excess inventory. This will be on top of the fixed-cost allowance under item (ix). As of 24 February 2021, the maximum subsidy under this measure was increased from EUR200,000 to EUR300,000. As such, the total amount allocated is now EUR375 million. This measure is still awaiting approval by the EC; (xi) EUR125 million in grants to startups for the first two quarters of 2021, (xii) No amount/estimate, the NOW scheme in item (i) is extended to March 2021; (xii) 17 February 2021, EUR39 million to compensate zoos for the high fixed costs they incur for the care of the animals, while they are closed to visitors due to the corona crisis. The scheme will be open for three weeks starting 22 February; (xiii) No amount/estimate: 17 February 2021, Rent freeze in the social housing sector (of rent up to EUR752 monthly). Subsidies will be given to housing corporations to compensate them for this reduced income; (xiv) No amount/estimate: 16 March 2021, The maximum payment term from large companies to their SME suppliers is halved from 60 days to 30 days to improve these SMEs' cashflow and working capital position.

(i) 17 April 2020, EUR300 million grants for the culture sector, including museums and theatres; (ii) 1 May 2020, EUR110 million to support sports clubs; (iii) 20 May 2020, EUR50 million in construction projects; (iv) 20 May 2020, EUR20 million available for municipalities in the form of “flex pools” (civil servants with technical knowledge about planning and licensing; (v) 28 August 2020, EUR777 million to compensate municipalities, provinces, and water boards for lost income; (vi) 8 December 2020, The cabinet is making EUR58.5 million available to municipalities to offer young people and young adults more prospects during the pandemic. With this Youth Package, municipalities can offer young people more opportunities for activities and meetings, within the applicable restrictions; 21 January 2021: (vii) EUR300 million earmarked for a guarantee fund for events. This will enable event organisers to start planning and organising festivals, once it is responsible to do so; (viii) EUR240 million from the government to support amateur sports. This money will fund the Amateur Sport Organisation Grant Scheme, the Sports Facility Lessors Grant Scheme, and the Special-Purpose Grant for Ice Rinks and Swimming Pools; (ix) 12 February 2021, EUR300 million for a social support package aimed at social and mental well-being and lifestyle. The package focuses specifically on young people and vulnerable groups such as people with a disability or psychological problems and lonely elderly people. Attention is also paid to the mental vitality of the working Netherlands and entrepreneurs affected by corona measures; (x) 22 April 2021, EUR613 million to expand the crisis capacity in youth mental health care and to tackle waiting times. This is an expansion of item (ix); (xi) As of 25 July 2021, EUR6.0 billion of the NextGeneration EU was allocated to Recovery and Resilience Facility; (xii) As of 25 July 2021, EUR52.4million of the NextGenerationEU was allocated to European Agriculutural Fund for Rural Development; (xiii) 16 August 2021, The cabinet allocated an extra EUR100 million this year to improve ventilation in schools. The cabinet earmarked a total of EUR360 million to improve the indoor climate in schools over the next three years, with a purpose of reducing the spread of the coronavirus within educational institutions.

(i) 20 May 2020, EUR500 million allocated to education spending, going to (a) students to mitigate the consequences of the coronavirus epidemic, and (b) primary, secondary, and vocational education to make up for educational gaps caused by the coronavirus; (ii) 28 August 2020, EUR11 billion in additional expenditures from extending the following initiatives through to 2021: (a) NOW scheme, an allowance for wage costs; (b) Tozo, income support for the self-employed; (c) TVL, fixed cost allowances for SMEs, and (d) tax deferment measures; (iii) 7 September 2020, EUR20 billion to the National Growth Fund for three investment areas: knowledge development, physical infrastructure, and research, development & innovation; (iv) 21 January 2021, EUR900 million from the implementation of various tax relief measures such as: (a) extending the deferral period from 1 July to 1 October 2021, (b) waiving tax payments where a payment arrangement is insufficient, (c) eliminating taxes on work-from-home allowances, (d) extending the 0% VAT on face masks until 30 June 2021; (v) As of 25 July 2021, EUR443 million of the NextGenerationEU was allocated to Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU).

As of 25 July 2021, All the funding of the NextGenEU allocated to (i) Recovery and Resilience Facility, (ii) European Agriculutural Fund for Rural Development, and (iii) Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU) is worth EUR6.5 billion. The total amount allocated to the four programs (out of seven) under NextGenerationEU is still unaccounted for.