The EFTA Surveillance Authority approves increased support for the tourism sector in Norway in the context of the COVID-19 pandemic

COVID-19 Pandemic: ESA approves increased support for the tourism sector in Norway*

The EFTA Surveillance Authority (ESA) has today approved a budget increase for the liquidity support grant scheme for businesses in Norway’s tourism sector from NOK 550 million to NOK 850 million.

On 6 July 2020, ESA found the scheme to be compatible with EEA rules, and in line with the European Commission’s Temporary Framework for state aid measures to support the economy in the current COVID-19 outbreak.

On 3 December 2020, the scheme was prolonged until 30 June 2021 and the budget was increased from NOK 250 million (EUR 23.1m) to NOK 550m (EUR 46.2m).

Today’s decision approves a further budget increase from NOK 550m (EUR 52m) to NOK 850m (EUR 81m). The scheme remains otherwise unchanged.

ESA’s decision can be found here.

*This is the original title of the press release. The title above has been amended in order to match the e-Competitions format. Individual authors are welcome to provide original independent commentaries on the case law. Articles are subject to approval by the Board of e-Competitions Bulletin before publication based on the Editorial Policy (click here).

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EFTA Surveillance Authority, The EFTA Surveillance Authority approves increased support for the tourism sector in Norway in the context of the COVID-19 pandemic, 15 February 2021, e-Competitions February 2021, Art. N° 99349

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