The EU Commission approves a COVID-19 related measure aimed at compensating event organizers for losses caused by the cancellation

Recognizing the serious economic consequences that the COVID-19 crisis may create, on March 12 the Commission approved within 24 hours of notification a COVID-19 related measure in Denmark aimed at compensating event organizers for losses caused by cancellations. Following this initial ad hoc approval, on March 13, the Commission unveiled a communication (the “Communication”) setting out a number of proposals and actions to tackle the economic consequences of the COVID-19 sanitary crisis in the EU. The communication mentions a number of tools under EU law or budget that have been or will be activated by way of immediate response to smoothen the severe shock imposed by the COVID-19 outbreak on the European economies. The overall message is two-fold: Solidarity: the Commission intends to