The European Commission (the “Commission”), which has exclusive jurisdiction to review State aid cases, has demonstrated its intention, and ability, to react rapidly to requests from Member States in the rescue of distressed companies as a result of the Covid-19 crisis affecting the European Union (“EU”). The Commission has indicated from the outset that, given the limited size of the EU (...)
State aid & Covid-19
State Aid
The EU Court of Justice dismisses an airline’s challenge to the 2020 loan guarantees offered to a Nordic flag carrier by Sweden and Denmark (Ryanair)
State aid to SAS during the COVID-19 pandemic: the Court of Justice definitively dismisses Ryanair’s actions concerning the loan guarantees put in place by Sweden and Denmark in April 2020*
In April 2020, Denmark and Sweden gave notice to the Commission of two separate aid measures in favour (...)
The EU General Court rules that the infringement of non-State aid rules may impact the compatibility of State aid (Ryanair)
How the Infringement of Non-State aid Rules Can Affect the Compatibility of State aid*
Introduction
It is now well-established that if a State aid measure is inherently or indissolubly linked to a an infringement of EU law outside the field of State aid it cannot be found to be compatible (...)
The General Court annuls the Commission’s decision to approve an aid measure consisting in subsidies paid by Italy to Italian airlines in the context of the COVID-19 pandemic (Ryanair)
The General Court annuls the Commission’s decision to approve an aid measure consisting in subsidies paid by Italy to Italian airlines in the context of the COVID-19 pandemic*
The Commission failed to provide a statement of reasons for its finding that the measure at issue was not contrary (...)
The EU General Court upholds actions for annulment against decisions of the Commission authorising State aid to airlines during the Covid-19 pandemic (Ryanair / Condor)
On 10 May 2023, the General Court (“Court”) delivered two judgments upholding Ryanair and Condor’s actions to annul the decisions of the European Commission (“Commission”) approving State aid granted by Germany to Lufthansa (Joined Cases T-34/21 and T-87/21) and by Sweden and Denmark to SAS (...)
The EU General Court annuls the approval decision of the Commission on the recapitalisation of a German airline company in the context of the COVID-19 pandemic (Ryanair / Condor)
The General Court annuls the decision of the Commission to approve the recapitalisation of Lufthansa by Germany, amounting to €6 billion euros, in the context of the COVID-19 pandemic*
The Commission committed several errors, in particular, by considering that Lufthansa was unable to obtain (...)
The EU General Court dismisses an appeal filed against the Commission’s decision approving the aid granted by Romania to an airline in the context of the COVID-19 pandemic (Blue Air)
Judgment of the General Court in Case T-142/21 | Wizz Air Hungary v Commission (Blue Air; COVID-19 and rescue aid)*
The action against the Commission’s decision approving the aid granted by Romania to the airline Blue Air in the context of the Covid-19 pandemic is dismissed in its entirety (...)
The EU General Court dismisses an appeal filed against the Commission’s decision approving the aid granted to an airline in the context of the COVID-19 pandemic (Blue Air)
Introduction
Member States are allowed to grant state to compensate undertakings for damage they suffer as a result of a natural disaster or exceptional occurrence. But, it is not always easy or possible to disentangle the damage caused by such an unforeseen event from losses caused by (...)
The EU Commission approves €119.3M French restructuring aid for an airline and €17.5M compensation for damage suffered as a result of the coronavirus pandemic (Air Austral)
State aid: Commission approves EUR 119.3 million French restructuring aid for Air Austral and EUR 17.5 million compensation for damage suffered as a result of the coronavirus pandemic*
The European Commission, pursuant to the EU rules on State aid, has authorised France’s plan to pay (i) (...)
The EU General Court dismisses the actions brought by retail distribution companies against the Commission’s decision approving German aid to undertakings which suffered, in the context of the COVID-19 outbreak, a loss of turnover of at least 30% (Breuninger / Falke)
The General Court dismisses the actions brought by Breuninger and Falke against the Commission’s decision approving German aid to undertakings which suffered, in the context of the COVID-19 outbreak, a loss of turnover of at least 30%*
The Commission’s decision does not infringe the (...)
The EU General Court dismisses as inadmissible the action brought by a retail undertaking against the Commission’s decision approving aid granted by Germany to compensate for losses suffered as a result of lockdown during the COVID-19 crisis (Breuninger)
The General Court dismisses as inadmissible the action brought by the retail undertaking Breuninger against the Commission’s decision approving aid granted by Germany to compensate for losses suffered as a result of lockdown during the COVID-19 crisis*
Breuninger erred in taking the view (...)
The EU Commission approves a German Scheme worth €557M to compensate a rail services operator for damages suffered by its subsidiary due to the coronavirus pandemic (Deutsche Bahn)
State aid: Commission approves €557 million German support to compensate Deutsche Bahn for damages suffered by its subsidiary DB Fernverkehr due to the coronavirus pandemic*
The European Commission has found a €557 million German support measure in favour of Deutsche Bahn to be in line with (...)
The EU Commission publishes a report which reveals that Covid-19 State aid measures allowed for unprecedented levels of support whilst preserving the level-playing field for businesses
State aid: 2021 Scoreboard shows that COVID-19 State aid measures allowed for unprecedented levels of support while preserving the level-playing field*
The 2021 State Aid Scoreboard, published today by the European Commission and relating to State aid expenditure in 2020, shows the crucial (...)
The EU Commission approves a German support scheme worth €215M to compensate the German national rail company for damages suffered by its subsidiaries due to the coronavirus pandemic (Deutsche Bahn)
State aid: Commission approves €215 million German support to compensate Deutsche Bahn for damages suffered by its subsidiaries due to the coronavirus pandemic*
The European Commission has found a €215 million German support measure in favour of Deutsche Bahn AG to be in line with EU State (...)
The EU Commission approves an Irish scheme worth €500M to support investment towards a sustainable recovery following the COVID-19 pandemic
State aid: Commission approves €500 million Irish scheme to support investment towards a sustainable recovery*
The European Commission has approved a €500 million Irish investment support scheme aimed at incentivizing companies to accelerate or expand capital investment in Ireland, including (...)
The EFTA Surveillance Authority approves the aid scheme for Icelandic aviation academies or losses resulting from COVID-19 restrictions
COVID-19: ESA approves aid scheme for Icelandic aviation academies*
The EFTA Surveillance Authority (ESA) has today approved an Icelandic scheme that compensates aviation academies for losses resulting from COVID-19 restrictions.
The objective of the scheme is to ensure access to (...)
The EU Commission green-lights a Greek subsidised loan scheme worth €2B to support a sustainable recovery from the downturn triggered by COVID-19
State aid: Commission approves €2 billion Greek scheme to support investment towards a sustainable recovery*
The European Commission has approved a €2 billion Greek scheme aimed at providing investment support towards a sustainable recovery. The scheme was approved under the State aid (...)
The EU Commission sets plan to phase out State aid COVID Temporary Framework
State aid: Commission will phase out state aid Covid Temporary Framework*
The European Commission will phase out the State aid COVID Temporary Framework, adopted on 19 March 2020 and last amended on 18 November 2021, enabling Member States to remedy a serious disturbance in the economy in (...)
The EU Commission approves €698 million Italian scheme to support the tourism sector in the context of coronavirus pandemic
State aid: Commission approves €698 million Italian scheme to support the tourism sector in the context of coronavirus pandemic*
The European Commission has approved a €698 million Italian scheme to support companies active in the tourism sector affected by the coronavirus pandemic. The (...)
The EU Commission approves a €700M French scheme to support research, development and innovation projects by companies of all sizes and across all sectors
State aid: Commission approves €700 million French scheme to support research, development and innovation projects across all sectors*
The European Commission has approved, under EU State aid rules, a €700 million French scheme to support research, development and innovation projects by (...)
The EU Commission approves a €250M Portuguese measure to facilitate access to finance for small and medium enterprises affected by the COVID-19 pandemic (Banco Português de Fomento)
State aid: Commission approves €250 million Portuguese measure under the Recovery and Resilience Facility to further capitalise Banco Português de Fomento*
The European Commission approved, under EU State aid rules, a €250 million Portuguese aid measure, made available through the Recovery (...)
The EU Commission approves a €2B Hungarian scheme aimed at providing investment support for sustainable recovery
State aid: Commission approves €2 billion Hungarian investment support scheme towards a sustainable recovery*
The European Commission has approved a €2 billion Hungarian scheme aimed at providing investment support towards a sustainable recovery. The scheme was approved under the State aid (...)
The EU Commission approves €687M Italian scheme to compensate commercial rail passenger operators for the damage suffered due to the COVID-19 pandemic
State aid: Commission approves €687 million Italian scheme to compensate commercial rail passenger operators for the damage suffered due to the coronavirus pandemic*
The European Commission has approved, under EU State aid rules, €687 million Italian support to compensate providers of (...)
The EFTA Surveillance Authority approves amendments to a Norwegian support scheme for canceled and downscaled cultural events due to the COVID-19 outbreak
COVID-19 pandemic: ESA approves amendments to Norwegian support scheme for cancelled and downscaled cultural events*
The EFTA Surveillance Authority (ESA) has today approved amendments to a scheme offering financial support to organisers and subcontractors of cultural events that have been (...)
The EFTA Surveillance Authority approves amendments to two Norwegian aid schemes for the sports and voluntary sectors due to the COVID-19 outbreak
COVID-19 pandemic: ESA approves amendments to two Norwegian aid schemes for the sports and voluntary sectors*
The EFTA Surveillance Authority (ESA) has today approved amendments to two aid schemes: one compensating voluntary organisations, and another compensating voluntary organisations (...)
The EU Commission proposes a chip act to confront semiconductor shortages and strengthen Europe’s technological leadership
In Short
The Background: The recent semiconductor shortage, COVID-related supply chain disruptions, and trade tensions have exposed the European Union’s ("EU") dependency on chips made in other continents.
The Development: The European Commission ("EC") has proposed legislation—the EU (...)
The EFTA Surveillance Authority approves amendments to an Icelandic support scheme for businesses amidst the COVID-19 pandemic
COVID-19 pandemic: ESA approves amendments to Icelandic support scheme for businesses*
The EFTA Surveillance Authority (ESA) has today approved amendments to an Icelandic aid scheme offering resilience grants to eligible companies and self-employed individuals.
The resilience grants scheme (...)
The EU Commission approves a €1.7 billion German measure to recapitalise a national airport in the context of the COVID-19 pandemic (Flughafen Berlin Brandenburg)
State aid: Commission approves €1.7 billion German measure to recapitalise Flughafen Berlin Brandenburg in the context of the coronavirus pandemic*
The European Commission has approved German plans to grant up to €1.7 billion for the recapitalisation of Flughafen Berlin Brandenburg Gmbh (...)
The EFTA Surveillance Authority approves an aid scheme for Icelandic businesses that have suffered losses due to restrictions in opening hours in the context of the COVID-19 pandemic
COVID-19 pandemic: ESA approves aid scheme for Icelandic businesses that have suffered losses due to restrictions in opening hours*
The EFTA Surveillance Authority (ESA) has today approved an Icelandic scheme offering direct grants to companies in the restaurant sector for income losses due (...)
The EFTA Surveillance Authority approves the renewal and amendments to Norwegian aid scheme for lost inventory amidst the COVID-19 pandemic
COVID-19 pandemic: ESA approves renewal and amendments to Norwegian aid scheme for lost inventory*
The EFTA Surveillance Authority (ESA) has today approved amendments and renewal of a Norwegian scheme compensating undertakings for spoiled inventory that can no longer be sold or used.
The (...)
The EFTA Surveillance Authority approves a €5.4 million in compensation to a Norwegian indoor arena for financial losses caused by COVID-19 related restrictions (Trondheim Spektrum)
COVID-19 pandemic: ESA approves compensation to Trondheim Spektrum AS*
The EFTA Surveillance Authority (ESA) has today approved NOK 5.4 million (EUR 540 000) in compensation to Trondheim Spektrum AS for financial losses caused by COVID-19 related restrictions.
Trondheim Spektrum is a (...)
The EFTA Surveillance Authority approves an Icelandic tax-deferral scheme for the restaurant sector in the context of the COVID-19 pandemic
COVID-19 pandemic: ESA approves Icelandic tax-deferral scheme for the restaurant sector*
The EFTA Surveillance Authority (ESA) has today approved an Icelandic tax-referral scheme that allows eligible businesses in the restaurant sector to defer payroll tax payments and social security (...)
The EFTA Surveillance Authority approves continued and increased support to long-distance bus and passenger boat services in Norway in the context of the COVID-19 pandemic
COVID-19 pandemic: ESA approves continued and increased support to long-distance bus and passenger boat services in Norway*
The EFTA Surveillance Authority (ESA) has today approved a renewal of and amendments to a Norwegian scheme to compensate operators of long-distance bus and passenger (...)
The EU Commission approves a €71.4M Portuguese measure to further compensate an airline company for damages suffered due to COVID-19 pandemic (TAP Air Portugal)
State aid: Commission approves €71.4 million Portuguese measure to further compensate TAP Air Portugal for damages suffered due to coronavirus pandemic*
Today, the European Commission has approved, under EU State aid rules, a €71.4 million Portuguese aid measure to further support TAP Air (...)
The EU Commission approves an €88M German support to compensate a national railway company for damages suffered by its subsidiary due to the COVID-19 outbreak (Deutsche Bahn / DB Cargo)
State aid: Commission approves €88 million German support to compensate Deutsche Bahn for damages suffered by its subsidiary DB Cargo due to the coronavirus outbreak*
The European Commission has found a €88 million German support measure in favour of Deutsche Bahn AG to be in line with EU (...)
The EFTA Surveillance Authority approves additional amendments to a Norwegian compensation scheme for businesses amidst the COVID-19 pandemic
COVID-19 pandemic: ESA approves additional amendments to a Norwegian compensation scheme for businesses*
The EFTA Surveillance Authority (ESA) has today approved additional amendments to a Norwegian scheme providing compensation to companies suffering losses due to the COVID-19 pandemic. (...)
The EU Commission approves a €2.55B Portuguese restructuring aid in favour of a national airline company and a €107M compensation for damages suffered due to COVID-19 pandemic (TAP Air Portugal)
State aid: Commission approves €2.55 billion Portuguese restructuring aid in favour of TAP Group and €107 million compensation for damages suffered due to coronavirus pandemic*
Today, the European Commission has approved, under EU State aid rules: (i) €2.55 billion of restructuring aid to (...)
The EFTA Surveillance Authority approves prolongation of a Norwegian compensation scheme for cancelled and downscaled cultural events in the context of the COVID-19 pandemic
COVID-19 pandemic: ESA approves prolongation to Norwegian compensation scheme for cancelled and downscaled cultural events*
The EFTA Surveillance Authority (ESA) has today approved a prolongation of a Norwegian scheme providing compensation for losses related to cancelled or downscaled (...)
The EFTA Surveillance Authority approves the renewal of a Norwegian loan guarantee scheme for businesses amidst the COVID-19 pandemic
COVID-19 pandemic: ESA approves renewal of Norwegian loan guarantee scheme for businesses*
The EFTA Surveillance Authority (ESA) has today approved the renewal of a Norwegian loan guarantee scheme that will help ensure access to finance for businesses facing acute liquidity shortages due to (...)
The EU Commission approves a €133M Swedish scheme to support rail freight and passenger operators affected by the COVID-19 pandemic
State aid: Commission approves €133 million Swedish scheme to support rail freight and passenger operators affected by the coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a €133 million (SEK 1,370 million) Swedish scheme to support the rail freight (...)
The EU Commission adopts a sixth amendment to the temporary framework for State aid to combat COVID-19 pandemic
6th Revision of the Temporary Framework for Covid-19 State Aid*
Introduction
On Thursday, 18 November 2021, the European Commission adopted a sixth amendment to the Temporary Framework [TF] for State aid measures to combat covid-19. The document laying down the new amendments can be (...)
The EU Commission sets out the future of the Temporary Framework to support economic recovery in the context of the COVID-19 pandemic
State aid: Commission sets out future of Temporary Framework to support economic recovery in context of coronavirus outbreak*
Today, the European Commission has decided to prolong until 30 June 2022 the State aid Temporary Framework (currently set to expire by 31 December 2021). In order to (...)
The EU Commission approves a €700M French scheme to support certain companies particularly affected by the COVID-19 pandemic and the restrictive measures put in place by the government to limit the spread of the virus
State aid: Commission approves EUR 700 million French scheme to compensate for damage suffered by certain companies due to the coronavirus pandemic.*
The European Commission has approved, under the EU State aid rules, a EUR 700 million French scheme to support certain companies particularly (...)
The EU Commission approves a €4.5 billion Italian scheme to support companies and the economy in the context of the COVID-19 pandemic
State aid: Commission approves €4.5 billion Italian scheme to support companies and the economy in the context of the coronavirus outbreak*
The European Commission has approved a €4.5 billion Italian scheme to support companies and the economy in the context of the coronavirus outbreak. The (...)
The EU Commission approves €700 million French scheme supporting certain retailers and services affected by the COVID-19 pandemic
State aid: Commission approves €700 million French scheme for certain retailers and services affected by the coronavirus pandemic*
The European Commission has approved, under the EU state aid rules, a €700 million French scheme to support certain retailers and services affected by the (...)
The EU Commission approves €31.9 billion Italian scheme to support companies affected by the COVID-19 pandemic
Commission approves €31.9 billion Italian scheme to support companies affected by the coronavirus outbreak*
The European Commission has approved a €31.9 billion Italian scheme to support companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary (...)
The EU Commission consults Member States on a draft proposal to prolong the State aid Temporary Framework and to extend its scope with the intended aim of further accelerating economic recovery for businesses still impacted by the COVID-19 pandemic
On 30 September 2021, the Commission launched its consultation with Member States on a draft proposal to prolong the State aid Temporary Framework until 30 June 2022 and to extend its scope with the intended aim of further accelerating economic recovery.
The Temporary Framework, to recall, (...)
The EU Commission sends a draft proposal to Member States on the future of the State aid Temporary Framework
Commission Statement on consulting Member States on proposal on the future of the State aid Temporary Framework*
Today, the European Commission has sent to Member States for consultation a draft proposal to prolong until 30 June 2022 the State aid Temporary Framework, while setting out the (...)
The EFTA Surveillance Authority approves amendments to the Norwegian compensation scheme for organizers of canceled or downscaled cultural events due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves amendments to Norwegian compensation scheme for organisers of cancelled or downscaled cultural events*
The EFTA Surveillance Authority (ESA) has today approved the renewal of a Norwegian scheme to compensate organisers and subcontractors for losses related to (...)
The EFTA Surveillance Authority approves amendments to a Norwegian compensation scheme for businesses suffering financial losses amidst the COVID-19 pandemic
COVID-19 pandemic: ESA approves amendments to Norwegian compensation scheme for businesses suffering financial losses*
The EFTA Surveillance Authority (ESA) has today approved changes to a Norwegian support scheme for businesses seeking compensation for COVID-19-related financial (...)
The EFTA Surveillance Authority approves a renewal of temporary amendments to Norwegian tax refund scheme for seafarers amidst the COVID-19 pandemic
COVID-19 pandemic: ESA approves renewal of temporary amendments to Norwegian tax refund scheme for seafarers*
The EFTA Surveillance Authority has today approved the renewal of temporary amendments to a Norwegian aid scheme granting tax refunds to shipping companies aimed at off-setting the (...)
The EU Commission approves an award of slots at the Paris-Orly airport to a low-cost airline company in the context of its competitor’s recapitalisation due to the COVID-19 pandemic (Vueling / Air France)
State aid: Commission approves award of slots at Paris-Orly airport to Vueling in context of Air France’s recapitalisation*
The European Commission has ranked Vueling first among the air carriers that have applied for the portfolio of up to 18 daily slots at Paris-Orly airport. These will be (...)
The EFTA Surveillance Authority approves a production grant scheme for private media outlets in Iceland in the context of the COVID-19 pandemic
ESA approves production grant scheme for private media outlets in Iceland*
The EFTA Surveillance Authority (ESA) has today approved a grant scheme for private media outlets in Iceland. The scheme aims to improve operating conditions and strengthen the media’s role in providing factual (...)
The EU Commission approves a €3 billion French scheme to provide debt and capital support to companies affected by the COVID-19 pandemic
State aid: Commission approves €3 billion French scheme to provide debt and capital support to companies affected by the coronavirus outbreak*
The European Commission has approved, under EU State aid rules, French plans to set up a €3 billion fund that will invest through debt, hybrid and (...)
The EU Commission approves a €520M Italian scheme to compensate the trade fairs and congress sector for damages suffered due to the COVID-19 pandemic
State aid: Commission approves €520 million Italian scheme to compensate the trade fairs and congress sector for damages suffered due to the coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a €520 million Italian scheme to compensate companies active in (...)
The EU Commission approves a €500 million Greek aid scheme to support the uncovered fixed costs of companies affected by the Covid-19 outbreak
State aid: Commission approves €500 million Greek aid scheme to support uncovered fixed costs of companies affected by coronavirus outbreak*
The European Commission has approved a Greek scheme to support the uncovered fixed costs of companies affected by the coronavirus outbreak. The scheme (...)
The EU Commission approves a €108 million Danish aid measure to support Covid-19-related research and development activities of a healthcare company (Bavarian)
State aid: Commission approves €108 million Danish aid measure to support coronavirus-related research and development activities of Bavarian Nordic*
The European Commission has approved a €108 million Danish aid measure to support coronavirus-related research and development (R&D) (...)
The EU Commission approves €1 billion Cypriot scheme to support enterprises and self-employed individuals in the context of the Covid-19 pandemic
State aid: Commission approves €1 billion Cypriot scheme to support enterprises and self-employed individuals in context of coronavirus outbreak*
The European Commission has approved a €1 billion Cypriot scheme to support enterprises and self-employed individuals in the context of the (...)
The EU Commission gives the green light to a new synthetic securitization product under the European Guarantee Fund to further support SMEs affected by the Covid-19 pandemic in 22 Member States
State aid: Commission gives green light to new synthetic securitisation product under the European Guarantee Fund to further support SMEs affected by the coronavirus outbreak in 22 Member States*
The European Commission approved, under EU State aid rules, the introduction of a new product (...)
The EU Commission approves a €550M German support measure to compensate a national railway company for damages suffered by its subsidiary due to the Covid-19 pandemic (Deutsche Bahn / DB Fernverkehr)
State aid: Commission approves €550 million German support to compensate Deutsche Bahn for damages suffered by its subsidiary DB Fernverkehr due to the coronavirus outbreak*
The European Commission has found a €550 million German support measure in favor of Deutsche Bahn AG (“Deutsche Bahn”) (...)
The EU Commission approves a €430 million Italian scheme to compensate ski lift operators for damages suffered due to the Covid-19 pandemic
State aid: Commission approves €430 million Italian scheme to compensate ski lift operators for damages suffered due to coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a €430 million Italian measure to compensate ski lift operators for the damages (...)
The EU Commission approves German measures worth over €2.5B to support rail freight and passenger operators affected by the COVID-19 outbreak
State aid: Commission approves German measures worth over €2.5 billion to support rail freight and passenger operators affected by the coronavirus outbreak*
The European Commission has approved, under EU State aid rules, two German schemes supporting the rail freight sector and the (...)
The EU Commission approves a €525.3M German aid in favor of an airline in the context of the COVID-19 pandemic (Condor)
State aid: Commission approves €525.3 million German aid in favour of airline Condor in context of coronavirus outbreak*
The European Commission has found an aid package by Germany in favour of the airline Condor to be in line with EU State aid rules. The approval of the aid package, based (...)
The EU Commission approves an €800M Italian scheme to compensate airports and ground-handling operators for the damage suffered due to the COVID-19 pandemic
State aid: Commission approves €800 million Italian scheme to compensate airports and ground-handling operators for the damage suffered due to the coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a €800 million Italian scheme to compensate airports and (...)
The EU Commission adopts an extension of the scope of the General Block Exemption Regulation to include State aid measures which support economic recovery from COVID-19 in a sustainable way
On 23 July 2021, the European Commission (“Commission”) adopted an extension of the scope of the General Block Exemption Regulation (“GBER”).
The revised rules concern: Aid for projects funded via certain EU centrally managed programs under the new Multiannual Financial Framework; and (...)
The EU Commission simplifies rules for aid combined with EU support and introduces new possibilities to implement aid measures supporting the twin transition and the recovery from Covid-19 pandemic
State aid: Commission simplifies rules for aid combined with EU support and introduces new possibilities to implement aid measures supporting the twin transition and the recovery from coronavirus pandemic*
The European Commission adopted today an extension of the scope of the General Block (...)
The EU Commission approves a €1 billion Spanish recapitalisation scheme to provide debt and capital support to companies affected by the COVID-19 pandemic
State aid: Commission approves €1 billion Spanish recapitalisation scheme to provide debt and capital support to companies affected by the coronavirus outbreak*
The European Commission has approved, under EU State aid rules, Spanish plans to set up a €1 billion recapitalisation fund that (...)
The EU General Court confirms that the aid granted by Austria to its national airline in order to compensate it for the damage resulting from the cancellation or rescheduling of its flights due to the COVID-19 pandemic is compatible with the internal market (Austrian Airlines / Laudamotion)
The General Court confirms that the aid granted by Austria to Austrian Airlines in order to compensate it for the damage resulting from the cancellation or rescheduling of its flights due to the COVID-19 pandemic is compatible with the internal market*
That aid, having been deducted from (...)
The EU Commission approves €2.5 billion Italian scheme to support self-employed and healthcare professionals in the context of the COVID-19 pandemic
State aid: Commission approves €2.5 billion Italian scheme to support self-employed and healthcare professionals in context of coronavirus outbreak*
The European Commission has approved a €2.5 billion Italian scheme to support self-employed individuals and certain healthcare professionals in (...)
The EFTA Surveillance Authority approves increased support to long-distance bus and passenger boat services in Norway until the end of 2021 due to the COVID-19 pandemic
COVID-19 Pandemic: ESA approves increased support to long-distance bus and passenger boat services in Norway until the end of 2021*
The EFTA Surveillance Authority (ESA) has today approved the renewal of a support scheme to compensate losses incurred by operators of long-distance bus and (...)
The EFTA Surveillance Authority approves renewing support to large public events that are cancelled or downscaled due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves renewing support to large public events that are cancelled or downscaled due to the pandemic*
The EFTA Surveillance Authority (ESA) has today approved the renewal of a scheme offering compensation to organisers of large public events downscaled or cancelled as (...)
The EU Commission approves €39.7M of Italian aid measures to compensate a national airline company for further damages suffered due to COVID-19 outbreak (Alitalia)
State aid: Commission approves €39.7 million of Italian aid measure to compensate Alitalia for further damages suffered due to coronavirus outbreak*
The European Commission has found that an Italian aid measure of €39.7 million to support Alitalia is in line with EU State aid rules. This (...)
The EU Commission approves a Polish scheme to compensate large companies for damages suffered due to the COVID-19 pandemic and provide liquidity support
State aid: Commission approves a Polish scheme to compensate large companies for damages suffered due to coronavirus outbreak and provide liquidity support*
The European Commission has approved, under EU State aid rules, a Polish scheme to partially compensate large companies for the damages (...)
The EFTA Surveillance Authority approves the prolongation of a Norwegian State aid scheme for sporting events of national importance amidst the COVID-19 pandemic
COVID-19 pandemic: ESA approves prolongation of Norwegian aid scheme for sporting events of national importance*
The EFTA Surveillance Authority (ESA) has today approved a prolongation until 31 October 2021 of a scheme providing support to sporting events affected by the ongoing COVID-19 (...)
The EU Commission approves €800 million Italian scheme to support companies in context of the coronavirus outbreak, as well as development and production of COVID-19-relevant products
State aid: Commission approves €800 million Italian scheme to support companies in context of coronavirus outbreak, as well as development and production of coronavirus-relevant products*
The European Commission has approved a €800 million Italian scheme to support companies affected by the (...)
The EU Commission approves €800 million State aid scheme for Greece in order to support the tourism sector in the context of COVID-19 pandemic
State aid: Commission approves €800 million Greek scheme to support tourism sector in context of coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a €800 million Greek scheme to support companies active in tourism affected by the coronavirus outbreak. The (...)
The EFTA Surveillance Authority approves a Norwegian compensation scheme for organisers of canceled or downscaled cultural events in the context of the COVID-19 pandemic
COVID-19 pandemic: ESA approves Norwegian compensation scheme for organisers of cancelled or downscaled cultural events*
The EFTA Surveillance Authority (ESA) has today approved a Norwegian scheme to compensate organisers and subcontractors for losses related to cancelled or downscaled (...)
The EFTA Surveillance Authority approves support to organisers of package travels in Norway in the context of the COVID-19 pandemic
COVID-19 pandemic: ESA approves support to organisers of package travels in Norway*
The EFTA Surveillance Authority (ESA) has today approved a scheme that will help ensure that organisers of package travels can obtain refund guarantees from insurance companies and continue operations.
In (...)
The EFTA Surveillance Authority approves the renewal and adjustments to a Norwegian compensation scheme for businesses in the context of COVID-19
COVID-19 pandemic: ESA approves renewal and adjustments to a Norwegian compensation scheme for businesses*
The EFTA Surveillance Authority (ESA) has today approved the renewal of a Norwegian scheme providing compensation to companies suffering losses due to the COVID-19 pandemic. The scheme, (...)
The EU Commission approves the modification of the existing German State aid scheme to support rail freight operators and mitigate the effects of the COVID-19 pandemic on the sector
State aid: Commission approves modification of existing German scheme to support rail freight operators and mitigate effects of coronavirus outbreak on the sector*
The European Commission has approved, under EU State aid rules, the modification of an existing German aid scheme to support (...)
The EU General Court rules that limiting COVID-19 State aid to companies which have a durable link with the local economy can be compatible with the internal market (Ryanair)
Is State Aid for Locally Established Undertakings Compatible with the Internal Market?*
Limitation of State aid to companies which have a durable link with the local economy can be compatible with the internal market.
Introduction
By prohibiting barriers to free movement and (...)
The EU General Court clarifies the relationship between the rules on State aid and the principle of non-discrimination on grounds of nationality (Ryanair)
The solvency support fund for strategic Spanish undertakings experiencing temporary difficulties due to the impact of the Covid-19 pandemic is compatible with EU law*
The measure at issue, intended for the adoption of recapitalisation measures with a budget of €10 billion, constitutes a (...)
The EU General Court annuls for inadequate reasoning two COVID-19 related State aid decisions granted by the Netherlands and Portugal while also confirming in a third decision the legality of a Spanish State aid scheme in the air transport sector (Ryanair)
On 19 May 2021, the General Court (“GC”) annulled two decisions of the European Commission, following Ryanair’s challenges of State aid granted to respectively TAP (Portugal’s national airline) and KLM (subsidiary of the Air France-KLM holding company).
In June and July 2020, TAP and KLM (...)
The EU General Court annuls the Commission’s decisions authorising State aid schemes granted by Portugal and the Netherlands to two airline companies (Ryanair)
State Aid to Group of Companies*
In assessing the compatibility of State aid with the internal market, the Commission must also consider previous awards to a legally distinct but related company. In assessing the need for rescue/restructuring aid, the Commission must also consider whether (...)
The EU General Court delivers three judgments on State aid granted to support airlines in the aftermath of the COVID-19 pandemic (Ryanair)
On 19 May 2021, the General Court of the European Union (“GC”) delivered three further judgments in cases brought by Ryanair concerning State aid granted to support other airlines in the aftermath of the COVID-19 pandemic. In one of these cases, the GC rejected Ryanair’s action for annulment (...)
The EFTA Surveillance Authority approves amendments to the Norwegian aid scheme for voluntary organisations due to the COVID-19 pandemic
19 pandemic: ESA approves amendments to Norwegian aid scheme for voluntary organisations*
The EFTA Surveillance Authority (ESA) has today approved prolonging support to voluntary organisations experiencing financial challenges as a result of COVID-19-containment measures. The budget is also (...)
The EFTA Surveillance Authority approves amendments to Norwegian liquidity support scheme for tourism sector amidst the COVID-19 pandemic
COVID-19 pandemic: ESA approves amendments to Norwegian liquidity support scheme for tourism sector*
The EFTA Surveillance Authority (ESA) has today approved a prolongation of a liquidity support scheme to Norway’s tourism sector. The scheme is also amended to allow for increased support and (...)
The EFTA Surveillance Authority approves the prolongation and amendments brought to two Norwegian aid schemes that provide support to event organizers facing continued financial losses due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves prolongation and amendments to financial aid schemes for organisers of events in the sporting and voluntary sectors in Norway*
The EFTA Surveillance Authority (ESA) has today approved a prolongation and amendments to two Norwegian aid schemes that provide (...)
The EU Commission approves a €500 million Greek scheme to support food service companies affected by the COVID-19 pandemic
State aid: Commission approves €500 million Greek scheme to support food service companies affected by coronavirus outbreak
The European Commission has approved, under EU State aid rules, a €500 million Greek support scheme to support food service companies affected by the coronavirus (...)
The EFTA Surveillance Authority approves the prolonging of support for large public events in Norway
COVID-19 pandemic: ESA approves prolonging support for large public events in Norway*
The EFTA Surveillance Authority (ESA) has today approved a prolongation and amendments of a scheme offering compensation to organisers of large public events that must be downscaled or cancelled as a result (...)
The EU Commission approves a €1.9 billion Czech scheme to support companies in context of the COVID-19 pandemic
State aid: Commission approves €1.9 billion Czech scheme to support companies in context of coronavirus outbreak*
The European Commission has approved an approximately € 1.9 billion (CZK 50 billion) Czech scheme to support companies affected by the coronavirus outbreak. The scheme was (...)
The EFTA Surveillance Authority approves amendments and prolongations to Icelandic business-support schemes
COVID-19 pandemic: ESA approves amendments and prolongations to Icelandic business-support schemes*
The EFTA Surveillance Authority (ESA) has today approved amendments and prolongations to the closure grants and resilience grants schemes providing support to companies suffering income losses (...)
The EFTA Surveillance approves compensation to producers of eligible Norwegian culture films
COVID-19 pandemic: ESA approves compensation to producers of eligible Norwegian culture films*
The EFTA Surveillance Authority (ESA) has today approved a scheme compensating film producers for losses due to the closure of cinemas or restrictions in seating capacity.
The Norwegian (...)
The EU Commission approves a €12M COVID-19 damage compensation as well as €255.5M of liquidity support to two airline companies in Portugal and extends an ongoing in-depth investigation to planned restructuring aid (SATA / Azores)
State aid: Commission approves €12 million coronavirus damage compensation and €255.5 million of liquidity support to SATA Air Açores and Azores Airlines in Portugal; extends ongoing in-depth investigation to planned restructuring aid*
The European Commission has approved €12 million in (...)
The EFTA Surveillance Authority approves Norwegian umbrella scheme to support businesses in the context of the COVID-19 pandemic
COVID-19 pandemic: ESA approves Norwegian umbrella scheme to support businesses*
The EFTA Surveillance Authority (ESA) has today approved a Norwegian umbrella scheme allowing municipalities to support local businesses that are suffering due to the ongoing COVID-19 pandemic.
Preventive (...)
The EU General Court rejects a company’s actions for annulment against decisions of the Commission on COVID-19 individual aid in the aviation sector (Ryanair)
On 14 April 2020, the General Court dismissed the actions for annulment brought by Ryanair against three decisions of the Commission authorising State aid in the airline sector. These judgments were delivered by the same Tenth Chamber (extended composition), which had already dismissed in (...)
The EU General Court dismisses three challenges against decisions of the Commission approving individual aid measures granted by Finland, Denmark and Sweden in the COVID-19 crisis (Ryanair)
On 14 April 2021, the General Court ("GC") handed down three judgments dismissing Ryanair’s challenges against decisions by the European Commission, approving individual aid measures granted by Finland to Finnair (Case T-388/20) and by Denmark and Sweden to SAS in the context of the COVID-19 (...)
The EU General Court decides that State aid may be granted to a single company that is important for the national economy and does not need to be granted to all competitors (Ryanair)
Individual Aid Measures to Combat Covid-19*
Aid to remedy a serious economic disturbance may be granted to a single company that is important for the national economy. EU law does not extend to competitors a right to the same aid.
Introduction
Between March 2020 and April 2021, the (...)
The EU General Court of Justice finds that the aid measures introduced by Sweden and Denmark for an airline company’s damage resulting from the cancellation or rescheduling of flights in the wake of travel restrictions caused by the COVID-19 pandemic comply with EU law (Ryanair)
Aid measures introduced by Sweden and Denmark for SAS for damage resulting from the cancellation or rescheduling of flights in the wake of travel restrictions caused by the Covid-19 pandemic comply with EU law*
Given that SAS’s market share is much higher than that of its closest competitor (...)
The EU Commission approves €1.74 billion Danish scheme to support mink farmers and related businesses in the context of the COVID-19 pandemic
State aid: Commission approves €1.74 billion Danish scheme to support mink farmers and related businesses in context of coronavirus outbreak*
The European Commission has approved under EU State aid rules, an approximately €1.74 billion (DKK 13 billion) Danish scheme to compensate mink (...)
The EU Commission approves up to €4B French measure to recapitalise a national airline company (Air France)
State aid: Commission approves up to €4 billion French measure to recapitalise Air France*
The European Commission has approved French plans to grant up to €4 billion for the recapitalisation of Air France through its Holding company. The measure was approved under the State aid Temporary (...)
The EU Commission approves €400 million Dutch loan scheme to support companies providing package travel and linked travel arrangements in the context of the COVID-19 pandemic
State aid: Commission approves €400 million Dutch loan scheme to support companies providing package travel and linked travel arrangements in context of coronavirus outbreak*
The European Commission has approved a €400 million Dutch loan scheme to support companies providing package travel (...)
The EU Commission approves €24.7M of Italian aid to compensate a national airline company for further damages suffered due to the COVID-19 pandemic (Alitalia)
State aid: Commission approves €24.7 million of Italian support to compensate Alitalia for further damages suffered due to coronavirus outbreak*
The European Commission has found €24.7 million of Italian support in favour of Alitalia to be in line with EU State aid rules. This measure aims (...)
The EU Commission approves amended Member State measures under the Temporary Framework to support the economy after the COVID-19 outbreak
Since the onset of the coronavirus outbreak, the European Commission has adopted a significant number of State aid measures under Article 107(2)b, Article 107(3)b and under the Temporary Framework.
The most recent measures adopted to support the economy and companies affected by coronavirus (...)
The EU Commission approves a €270M Italian measure to support rail freight and commercial passenger operators affected by the COVID-19 pandemic
State aid: Commission approves €270 million Italian measure to support rail freight and commercial passenger operators affected by coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a €270 million Italian measure supporting both the rail freight sector and (...)
The EU Commission approves the modification of three existing Spanish State aid schemes in order to support the economy in the COVID-19 crisis
State aid: Commission approves modification of Spanish schemes, including €10 billion budget increase for aid of limited amount, to further support economy in context of coronavirus outbreak*
The European Commission has found the modification of three existing Spanish schemes to support the (...)
The EFTA Surveillance Authority approves a Norwegian aid scheme for sporting events of national importance
COVID-19 pandemic: ESA approves Norwegian aid scheme for sporting events of national importance*
The EFTA Surveillance Authority (ESA) has today approved an aid scheme that will provide financial support to voluntary organisations organising sporting events considered to be of national (...)
The EFTA Surveillance Authority approves a financial aid to the Norwegian voluntary sector
COVID-19 pandemic: ESA approves financial aid to Norwegian voluntary sector*
The EFTA Surveillance Authority (ESA) has today approved an aid scheme that will compensate voluntary organisations for lost income and increased costs arising from COVID-19 containment measures.
Norway continues (...)
The EFTA Surveillance Authority approves a Norwegian State aid scheme to help the event industry adjust to prolonged restrictions
COVID-19 pandemic: ESA approves scheme to help the event industry adjust to prolonged restrictions*
The EFTA Surveillance Authority (ESA) has today approved a Norwegian scheme to help event companies overcome pandemic-related challenges.
The event industry continues to be strongly (...)
The EU Commission approves Finnish State aid measures of €350 million to support a national airport in the context of the COVID-19 pandemic
State aid: Commission approves €350 million Finnish support to Finavia in the context of the coronavirus outbreak*
The European Commission has approved, under EU State aid rules, three Finnish measures, with an overall budget of €350 million, to support airport operator Finavia in the (...)
The EU Commission approves €350M in Finnish support to compensate a national airline for damages suffered due to the COVID-19 outbreak (Finnair)
State aid: Commission approves around €350 million Finnish support to compensate Finnair for damages suffered due to coronavirus outbreak*
The European Commission has found €351.38 million of Finnish support in favour of Finnair to be in line with EU State aid rules. The measure aims at (...)
The EU Commission approves a €1.1 billion Polish State aid scheme to support companies affected by the COVID-19 outbreak
State aid: Commission approves €1.1 billion Polish scheme to further support companies affected by coronavirus outbreak*
The European Commission has approved a €1.1 billion (PLN 5 billion) Polish scheme to support companies in various sectors affected by the coronavirus outbreak. The scheme (...)
The EFTA Surveillance Authority approves increased compensation to Norwegian businesses
COVID-19 pandemic: ESA approves increased compensation to Norwegian businesses*
The EFTA Surveillance Authority (ESA) has today approved amendments to a temporary compensation scheme for companies in Norway. This entails stepping up the aid intensity for January and February 2021, including (...)
The EU Commission approves €511M Italian State aid scheme to compensate commercial rail passenger operators for damages suffered due to the COVID-19 outbreak
State aid: Commission approves €511 million Italian scheme to compensate commercial rail passenger operators for damages suffered due to coronavirus outbreak*
The European Commission has approved, under EU State aid rules, €511 million in Italian support to compensate providers of (...)
The EU Commission approves a €2 billion French State aid scheme to support uncovered fixed costs of companies affected by the COVID-19 pandemic
State aid: Commission approves €2 billion French scheme to support uncovered fixed costs of companies affected by the coronavirus outbreak*
The European Commission has approved a French scheme to support the uncovered fixed costs of companies affected by the coronavirus outbreak. The scheme (...)
The EU Commission approves a Latvian State aid recapitalization of up to €39.7 million in the air transport sector (Riga International Airport)
On March 8, 2021, the European Commission (EC) approved the state recapitalization of up to €39.7 million, comprising a capital injection and a waived dividend payment for the 2019 financial year.
The measure was notified to the EC under the EU’s Temporary Framework for State aid to support (...)
The EU Commission approves a €20 million French State aid scheme with private investors support for companies affected by the COVID-19 outbreak
State aid: Commission approves French guarantee scheme mobilising up to €20 billion support from private investors for companies affected by coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a French State guarantee scheme to support the economy in the (...)
The EU Commission approves a €40 million State aid measure to support research and development activities related to COVID-19 in Italy
State aid: Commission approves €40 million Italian aid measure to support coronavirus related research and development activities*
The European Commission has approved a €40 million Italian aid measure to support coronavirus related research and development (R&D) by biotechnology company (...)
The EFTA Surveillance Authority approves renewing temporary amendments to Norway’s seafarer tax refund scheme in the context of the COVID-19 pandemic
COVID-19 pandemic: ESA approves renewing temporary amendments to Norway’s seafarer tax refund scheme*
The EFTA Surveillance Authority (ESA) has today approved a renewal of temporary amendments to a Norwegian aid scheme that grants tax and social security contribution refunds.
The refunds (...)
The EU General Court rejects actions against the Commission’s decisions on COVID-19 aid schemes in the aviation sector (Ryanair)
On 17 February 2021, the General Court delivered two important judgments concerning State aid granted by Sweden (T-238/20) and France (T-259/20), respectively, on the basis of the Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak (the “Covid-19 (...)
The EU General Court dismisses the first two challenges to State aid awarded to national airlines in response to the COVID-19 pandemic (Ryanair)
On 17 February 2021, the General Court of the European Union (“General Court”) in Cases T-259/20 and T-238/20 dismissed Ryanair’s challenges to pandemic aid packages introduced in France and Sweden in order to support the domestic airline sector. The judgments are the first ones where the (...)
The EU General Court hands down two judgments dismissing an airline company’s challenges against decisions by the Commission approving French and Swedish measures to support airlines in the context of the COVID-19 pandemic (Ryanair)
On 17 February 2021, the General Court handed down two judgments dismissing Ryanair’s challenges against decisions by the European Commission, approving French and Swedish measures to support airlines in the context of the pandemic (Cases T-238/20 and T-259/20). These judgments are the very (...)
The EU Court of Justice dismisses two actions brought by an airline company against the Commission’s approval of State aid schemes supporting airlines holding national licences during the COVID-19 pandemic (Ryanair)
In May 2020, Ryanair brought two separate actions against the EC approval of a Swedish and a French State aid scheme supporting airlines holding national licences under Article 107(3)(b) TFEU and Article 107(2)(b) TFEU respectively. On 17 February 2021, the General Court dismissed Ryanair’s (...)
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 (...)
The EU Commission approves €1.4 billion Swedish scheme to support uncovered fixed costs of companies affected by coronavirus outbreak
State aid: Commission approves €1.4 billion Swedish scheme to support uncovered fixed costs of companies affected by coronavirus outbreak*
The European Commission has approved an approximately €1.4 billion (SEK 14 billion) Swedish scheme to support the uncovered fixed costs of companies (...)
The EU Commission approves €300 million Austrian scheme for package travel organisers and facilitators of linked travel services in the context of the COVID-19 pandemic
State aid: Commission approves €300 million Austrian scheme for package travel organisers and facilitators of linked travel services in the context of the coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a €300 million Austrian scheme for package travel (...)
The UK Government launches a consultation on a domestic regime for subsidy control following the conclusion of the Trade and Cooperation Agreement with the EU
On 3 February 2021, the UK Government started a consultation process regarding the UK’s future subsidy regime, which will be entirely separate from the existing EU state aid framework.
Following the conclusion of the UK-EU Trade and Cooperation Agreement (the “TCA”) and the end of the Brexit (...)
The EU Commission publishes its new Temporary Framework for State Aid measures to support the economy during the COVID-19 pandemic
Liquidity Assistance to Banks to Counter the Effects of Covid-19*
Any direct public support of financial institutions affected by covid-19 has to comply with both State aid rules and the rules of the banking union.
Introduction
The Temporary Framework for State aid to combat covid-19 (...)
The EU Commission amends the Temporary Framework for State aid measures in the context of the COVID-19 outbreak
On 28 January 2021, the Commission amended the Temporary Framework for COVID-19 ("Framework") again. This 5th Amendment prolongs its application until 31 December 2021. Other changes include increasing aid amounts that the Commission will approve under the Framework and allowing for limited (...)
The EU Commission publishes an extension of the Temporary Framework for State aid measures to support the economy during the COVID-19 outbreak
The Commission’s Temporary Framework for State aid measures supporting the economy during the Covid-19 pandemic (the “Temporary Framework”) is proving to be a success. More than 200 Member State schemes and individual measures have been cleared under the Temporary Framework since its adoption (...)
The EU Commission expands for the fifth time the scope of the State aid Temporary Framework to support the economy in the context of the COVID-19 outbreak
On January 28, the Commission extended and expanded for the fifth time the scope of the State aid Temporary Framework to support the economy in the context of the COVID-19 outbreak (the “TF”).
Based on the January 28 amendment (the “Amendment”), all TF provisions, including recapitalization (...)
The EU Commission adopts 5th amendment to the temporary framework for State aid measures to support the economy in the current COVID-19 outbreak
On 28 January 2021, the European Commission (“Commission”) amended the Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak (the “Temporary FrameworK”). Below we outline the most relevant amendments: The application of the Temporary Framework is (...)
The EU Commission approves €12 billion German umbrella scheme to compensate companies for damages suffered due to the COVID-19 pandemic
State aid: Commission approves €12 billion German umbrella scheme to compensate companies for damages suffered due to coronavirus outbreak*
The European Commission has found a €12 billion German umbrella scheme (final part of the Novemberhilfe package) to compensate companies for damages (...)
The EU Commission approves €1.9 billion Polish scheme to support companies affected by the COVID-19 pandemic
State aid: Commission approves €1.9 billion Polish scheme to support companies affected by coronavirus outbreak*
The European Commission has approved a €1.9 billion (PLN 8.6 billion) Polish scheme to support companies operating in certain sectors affected by the coronavirus-outbreak. The (...)
The EU Commission approves €300 million Austrian scheme to support organisers of events affected by the COVID-19 pandemic
State aid: Commission approves €300 million Austrian scheme to support organisers of events affected by coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a €300 million Austrian scheme to support organisers of events affected by the coronavirus outbreak. (...)
The EU Commission approves €202 million Croatian scheme to support companies in the tourism and sports sectors in the context of the COVID-19 pandemic
State aid: Commission approves €202 million Croatian scheme to support companies in the tourism and sports sectors in the context of coronavirus outbreak*
The European Commission has approved an approximately €202 million (HRK 1.525 billion) Croatian State aid scheme to support companies of (...)
The EU Commission and the UK Government agree on post-Brexit State Aid law in their Trade and Cooperation Agreement
State aid remained one of the key sticking points in Brexit negotiations right until the announcement of the Trade and Cooperation Agreement ("TCA") on Christmas Eve 2020. One of the key priorities of the European Union ("EU") during the negotiations was to secure a "level playing field" on (...)
The EU Commission approves €120 million Greek support to compensate national airline company for damages suffered due to the Covid-19 pandemic (Aegean Airlines)
State aid: Commission approves €120 million Greek support to compensate Aegean Airlines for damages suffered due to coronavirus outbreak*
The European Commission has found a Greek grant of €120 million to Aegean Airlines to be in line with EU State aid rules. The measure aims at compensating (...)
The EU Commission approves €2.9 billion Polish scheme to support micro, small and medium-sized enterprises due to the Covid-19 pandemic
State aid: Commission approves €2.9 billion Polish scheme to support micro, small and medium-sized enterprises in context of coronavirus outbreak*
The European Commission has approved an approximately €2.9 billion (PLN 13 billion) Polish State aid scheme to support micro, small and (...)
The EU Commission approves €650 million Polish support to national network airline in context of the Covid-19 pandemic (LOT)
State aid: Commission approves €650 million Polish support to LOT in context of coronavirus outbreak*
The European Commission has approved two Polish measures, for a total of about €650 million (approximately PLN 2.9 billion), to support the airline LOT in the context of the coronavirus (...)
The EU Commission approves a €900 million Slovenian scheme to support uncovered fixed costs of companies affected by the Covid-19 Pandemic
State aid: Commission approves €900 million Slovenian scheme to support uncovered fixed costs of companies affected by coronavirus outbreak*
The European Commission has approved a Slovenian €900 million scheme to cover part of the uncovered fixed costs of companies affected by the (...)
The EU Commission publishes guiding templates to assist Member States in the design of their national recovery and resilience plans, consults on a possible extension of the general block exemption regulation, and conducts a survey on the implementation of the State aid temporary framework
State aid: Commission puts forward initiatives to further facilitate implementation of recovery and coronavirus support measures *
The European Commission has today published guiding templates to assist Member States in the design of their national recovery and resilience plans in line with (...)
The EU Commission issues its State aid guidance on national recovery and resilience plans and makes it clear that all investment projects must comply with State aid rules
In Short
The Situation: The European Commission has launched its largest ever stimulus package to support recovery of EU economies from the COVID-19 pandemic’s unprecedented economic and social disruption. Each EU Member State must submit a recovery plan and funding requests for Commission (...)
The EFTA Surveillance Authority approves State aid scheme to the Icelandic airport (Keflavík Airport)
COVID-19 Pandemic: ESA approves ISK 15 billion in aid to Keflavík Airport*
The EFTA Surveillance Authority (ESA) has today approved an Icelandic measure that will offer damage compensation to Isavia, the operator of Keflavík Airport, by increasing its share capital.
Air travel has (...)
The EFTA Surveillance Authority approves the granting of a state-aid to a cultural venue aiming to compensate for damages suffered as a consequence of the COVID-19 pandemic (Harpa)
COVID-19 pandemic: ESA approves ISK 400m compensation to Harpa Concert Hall and Conference Centre*
The EFTA Surveillance Authority (ESA) has today approved state aid for Harpa aiming to compensate for damages suffered as a consequence of the COVID-19 pandemic.
The pandemic has had serious (...)
The EFTA Surveillance Authority approves Norwegian compensation scheme for canceled and downscaled large public events as a result of the Covid-19 pandemic
COVID-19 pandemic: ESA approves Norwegian compensation scheme for cancelled and downscaled large public events*
The EFTA Surveillance Authority (ESA) has today approved a scheme offering compensation to organisers and co-organisers of large public events for losses due to the COVID-19 (...)
The EFTA Surveillance Authority approves continued and increased support to long-distance bus and passenger boat services in Norway as a result of the Covid-19 pandemic
COVID-19 Pandemic: ESA approves continued and increased support to long-distance bus and passenger boat services in Norway*
The EFTA Surveillance Authority (ESA) has today approved a prolongation of a scheme to compensate losses incurred by operators of long-distance bus and passenger boat (...)
The EFTA Surveillance Authority clears amendments to the Norwegian trade credit insurance scheme due to the COVID-19 pandemic
COVID-19 pandemic: ESA clears amendments to Norwegian trade credit insurance scheme*
The EFTA Surveillance Authority (ESA) has today approved amendments to a scheme ensuring access to trade credit insurance for enterprises with activity in Norway. The changes will align the scheme with (...)
The EFTA Surveillance Authority approves continuation of a Norwegian compensation scheme for companies due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves continuation of Norwegian compensation scheme for companies*
The EFTA Surveillance Authority (ESA) has today authorised amendments and a prolongation of a temporary compensation scheme for companies in Norway.
The updated scheme reflects the continued impact (...)
The EFTA Surveillance Authority approves prolongation of Icelandic travel voucher scheme due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves prolongation of Icelandic travel voucher scheme*
The EFTA Surveillance Authority (ESA) has today approved a prolongation of an Icelandic scheme offering digital gift vouchers of ISK 5 000 (approximately EUR 33) to individuals, which can be used to buy services (...)
The EU Commission authorises pan-European guarantee fund for companies affected by the Covid-19 outbreak
On 14 December 2020, the Commission authorised the creation of a € 25 billion Pan-European Guarantee Fund managed by the European Investment Bank (“EIB”) to support companies affected by the coronavirus outbreak. The creation of this Pan-European Guarantee Fund (the “Fund”) was endorsed by the (...)
The EU Commission gives green light to the pan-European guarantee fund to enable up to €200 billion of additional financing for companies affected by the COVID-19 pandemic in 21 Member States
State aid: Commission gives green light to the Pan-European Guarantee Fund to enable up to €200 billion financing for companies affected by the coronavirus outbreak in 21 Member States*
The European Commission found the creation of a €25 billion Pan-European Guarantee Fund managed by the (...)
The EFTA Surveillance Authority approves additional aid to Norway’s national airport due to the COVID-19 pandemic (Torp Sandefjord Airport)
COVID-19 pandemic: ESA approves additional aid to Norway’s Torp Sandefjord Airport*
The EFTA Surveillance Authority (ESA) today found a Norwegian plan to continue support to Torp Sandefjord Airport to be in line with EEA state-aid rules. The aid will help alleviate the airport’s financial (...)
The EFTA Surveillance Authority approves amendments to the Norwegian support scheme for cultural events due to the COVID-19 pandemic
COVID-19 Pandemic: ESA approves amendments to Norwegian support scheme for cultural events*
The EFTA Surveillance Authority (ESA) has today approved amendments to a scheme to cover losses due to cancellation or postponement of events.
Norway notified ESA on 14 December of changes to the (...)
The EFTA Surveillance Authority approves Icelandic grant scheme for businesses as a result of the COVID-19 pandemic
COVID-19 pandemic: ESA approves Icelandic grant scheme for businesses*
The EFTA Surveillance Authority (ESA) has today approved an Icelandic scheme that will offer grants to companies suffering income losses as a result of the ongoing COVID-19 pandemic.
Since the outbreak of the pandemic, (...)
The EU Commission approves €106.7 million restructuring aid and €30.2 compensation for damages suffered due to coronavirus outbreak in favour of French airline (Corsair)
State aid: Commission approves €106.7 million restructuring aid and €30.2 compensation for damages suffered due to coronavirus outbreak in favour of French airline Corsair*
The European Commission has approved, under EU State aid rules, two French measures in favour of Corsair, an airline (...)
The EFTA Surveillance Authority approves amendments to support scheme for Norwegian tourism sector due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves amendments to support scheme for Norwegian tourism sector*
The EFTA Surveillance Authority (ESA) has today approved a prolongation of and amendments to the Norwegian liquidity support grant scheme for businesses in the tourism sector.
On 6 July 2020, ESA (...)
The EFTA Surveillance Authority approves amendments to grant scheme for Norwegian traders of package travels due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves amendments to grant scheme for Norwegian traders of package travels*
The EFTA Surveillance Authority (ESA) has today approved amendments to a Norwegian scheme that provides access to liquidity for tour operators offering package holidays.
The package-holiday (...)
The EU Commission approves €20 million voucher scheme to support access to broadband services by students in Greece essential in the context of the COVID-19 outbreak
State aid: Commission approves €20 million voucher scheme to support access to broadband services by students in Greece*
The European Commission has approved under EU State aid rules a €20 million voucher scheme to help students in Greece access broadband services and benefit from remote (...)
The EU Commission approves €625 million Italian scheme to support tour operators and travel agencies affected by COVID-19 outbreak
State aid: Commission approves €625 million Italian scheme to support tour operators and travel agencies affected by coronavirus outbreak*
The European Commission has approved a €625 million Italian scheme to support tour operators and travel agencies in Italy affected by the coronavirus (...)
The EU Commission approves German “umbrella” scheme to enable capital support to enterprises affected by the COVID-19 pandemic
State aid: Commission approves German “umbrella” scheme to enable capital support to enterprises affected by coronavirus outbreak*
The European Commission has approved German plans to set up a scheme under which the German federal and regional authorities can invest through debt and equity (...)
The EFTA Surveillance Authority approves amendments to a compensation scheme for bus and passenger boat services in Norway due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves amendments to a compensation scheme for bus and passenger boat services in Norway*
The EFTA Surveillance Authority (ESA) has today approved amendments making it easier for eligible bus and boat service operators to access funding.
On 20 July 2020, ESA (...)
The EU Commission approves Austrian measures to support rail freight and passenger operators affected by the COVID-19 outbreak
State aid: Commission approves Austrian measures to support rail freight and passenger operators affected by the coronavirus outbreak*
The European Commission has approved, under EU State aid rules, two Austrian measures supporting the rail freight sector and one measure supporting the rail (...)
The EU Commission approves €120 million Luxembourg scheme to support uncovered fixed costs of companies affected by COVID-19 outbreak
State aid: Commission approves €120 million Luxembourg scheme to support uncovered fixed costs of companies affected by coronavirus outbreak*
The European Commission has approved a Luxembourg State aid scheme to support the uncovered fixed costs of companies affected by the coronavirus (...)
The EFTA Surveillance Authority approves prolonged support to airlines in Norway due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves prolonged support to airlines in Norway*
The EFTA Surveillance Authority (ESA) has today approved an amendment and prolongation of the existing guarantee scheme for airline operators facing acute liquidity shortages until 30 June 2021.
Air travel has (...)
The EU Commission approves Danish fund to enable €1.34 billion of capital support to large companies affected by COVID-19 outbreak
State aid: Commission approves Danish fund to enable €1.34 billion of capital support to large companies affected by coronavirus outbreak*
The European Commission has approved Danish plans to set up a fund with a target size of up to DKK 10 billion (approximately €1.34 billion) to (...)
The EU Commission approves German “umbrella” scheme to support uncovered fixed costs of companies affected by the COVID-19 pandemic
State aid: Commission approves German “umbrella” scheme to support uncovered fixed costs of companies affected by coronavirus outbreak*
The European Commission has approved a German “umbrella” scheme to support the uncovered fixed costs of companies affected by the coronavirus outbreak. The (...)
The EU Commission approves Austrian ”Fixkostenzuschuss Phase II” scheme to support uncovered fixed costs of companies affected by the COVID-19 pandemic
State aid: Commission approves Austrian ”Fixkostenzuschuss Phase II” scheme to support uncovered fixed costs of companies affected by coronavirus outbreak*
The European Commission has approved the Austrian “Fixkostenzuschuss Phase II” scheme to support the uncovered fixed costs of companies (...)
The Polish Competition Authority extends its aid programs to help entrepreneurs during the COVID-19 pandemic
UOKiK notifies extension of aid programmes* On 13 November of this year UOKiK has notified the extension of the aid programmes to the European Union, the objective of which is to support Polish entrepreneurs in relation to the Covid-19 epidemic. The Authority expects the EC to issue its (...)
The EU Commission Executive Vice-President Margrethe Vestager gives a speech on the future of State aid rules for the recovery from the current COVID-19 pandemic
On 16 November 2020, Executive VP and Competition Commissioner Vestager spoke at the State Aid High Level Forum of the Member States, focusing on new State aid rules to respond to the current economic crisis caused by the pandemic.
In addition to the Temporary Framework for State Aid, which (...)
The EFTA Surveillance Authority approves prolongation of Norwegian guarantee scheme that ensures access to liquidity for companies due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves prolongation of Norwegian support to businesses*
The EFTA Surveillance Authority (ESA) has today approved amendments to a guarantee scheme in Norway that ensures access to liquidity for companies, including a prolongation of the scheme.
On 26 March 2020, ESA (...)
The EFTA Surveillance Authority approves Norwegian prolongation of trade credit insurance scheme due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves prolongation of trade credit insurance scheme*
The EFTA Surveillance Authority (ESA) has today approved the prolongation of a scheme ensuring access to trade credit insurance for enterprises with activity in Norway.
The scheme aims to ensure access to trade (...)
The EFTA Surveillance Authority approves Icelandic schemes to compensate companies suffering income losses due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves Icelandic schemes to compensate companies*
The EFTA Surveillance Authority (ESA) has today approved two Icelandic schemes that will offer direct grants to companies suffering income losses as a result of the ongoing COVID-19 pandemic.
Since the outbreak of (...)
The EU Commission approves €1.5 billion Dutch scheme to compensate public transport companies for damages suffered due to COVID-19 outbreak
State aid: Commission approves €1.5 billion Dutch scheme to compensate public transport companies for damages suffered due to coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a Dutch scheme of around €1.5 billion to compensate companies providing regional (...)
The EFTA Surveillance Authority approves Norwegian renewal of support scheme for cultural events due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves renewal of support scheme for cultural events in Norway*
The EFTA Surveillance Authority (ESA) has today approved renewal and amendments of a scheme to cover losses following cancellation and postponement of events.
Events across Norway have been cancelled (...)
The EFTA Surveillance Authority approves Norwegian State aid to cancelled Offshore Northern Seas conference and fair due to the COVID-19 pandemic (Offshore Northern Seas Foundation)
COVID-19 pandemic: ESA approves state aid to cancelled Offshore Northern Seas conference and fair*
The EFTA Surveillance Authority has today approved state aid for the Offshore Northern Seas Foundation’s (ONS) 2020 conference, which was cancelled as a result of the COVID-19 pandemic.
The (...)
The EFTA Surveillance Authority approves aid to an agricultural and trade fair in Norway due to the COVID-19 pandemic (Dyrsku’n)
COVID-19 pandemic: ESA approves aid to Dyrsku’n agricultural and trade fair in Norway*
The EFTA Surveillance Authority (ESA) has today approved aid to Dyrsku’n, Norway’s largest agricultural and trade fair. The aid aims to compensate for pandemic-related losses following the cancellation of (...)
The EFTA Surveillance Authority approves prolongation of support to airlines in Norway due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves prolongation of support to airlines in Norway*
The EFTA Surveillance Authority (ESA) has today approved the extension of the current guarantee scheme for airline operators in Norway until 31 December 2020.
Strict containment measures, including travel (...)
The EFTA Surveillance Authority approves renewal of Norwegian support to event organizers in the sports and voluntary sector due to the COVID-19 pandemic
COVID-19 pandemic: ESA approves renewal of support to event organisers in the sports and voluntary sector*
The EFTA Surveillance Authority (ESA) has today approved renewal and amendments of a scheme to cover losses following cancellation and postponement of events.
Events across Norway (...)
The EU Commission prolongs and expands COVID-19 temporary framework to further support companies facing significant turnover losses
On 13 October 2020, the Commission prolonged the scope of the COVID-19 Temporary Framework adopted on 19 March 2020. All sections of the Temporary Framework have been prolonged for six months (i.e. until 30 June 2021), and the section to enable recapitalisation support is prolonged for three (...)
The EU Commission prolongs and expands temporary framework to further support companies facing significant turnover losses due to the COVID-19 outbreak
State aid: Commission prolongs and expands Temporary Framework to further support companies facing significant turnover losses*
The European Commission has decided to prolong and extend the scope of the State aid Temporary Framework adopted on 19 March 2020 to support the economy in the (...)
The EU Commission extends for the fourth time the State aid temporary framework to support the economy in the context of the COVID-19 pandemic
On October 13, the Commission extended and expanded for the fourth time the scope of the State aid Temporary Framework to support the economy in the context of the COVID-19 outbreak (the “TF”).. Based on this amendment, all TF provisions are extended until June 30, 2021 while the section on (...)
The EU Commission publishes the fourth amendment to the State aid temporary framework to support the economy in the context of the COVID-19 pandemic
On 13 October 2020, the Commission decided to extend the coverage of the Temporary Framework and prolong it for six months until 30 June 2021, except for the section on recapitalisation support, which was extended for three months until 30 September 2021 (4th Amendment).
In March 2020, the (...)
The EU Commission prolongs its State aid temporary framework in the context of the COVID-19 pandemic
On 13 October 2020, the European Commission decided to prolong and extend the scope of the State Aid Temporary Framework as follows: Extension of Temporary Framework: All sections of the Temporary Framework are prolonged for six months until 30 June 2021, except the section that enables (...)
The EU Commission announces extension of the EU State aid temporary framework in the context of the COVID-19 pandemic
Prolongs the Regime until 30 June 2021, Allows for Short-term Support for Uncovered Fixed Costs and Adapts Conditions for State Recapitalization Measures
The European Commission (‘Commission’) relaxed the strict EU state aid rules and introduced a Temporary Framework (‘TF’) in March 2020 to (...)
The EU Commission adopts the fourth amendment to the State aid temporary framework because of the COVID-19 pandemic, making Serbia add recapitalization measures
Since the beginning of the COVID-19 crisis, the Government of Serbia has adopted several state aid measures aimed at helping the economic entities preserve jobs and liquidity. In this respect, the Government took the lead from the European Commission and its measures adopted within the scope (...)
The EU Commission approves €1.5 billion Italian scheme to support companies affected by COVID-19 outbreak in Southern Italy
State aid: Commission approves €1.5 billion Italian scheme to support companies affected by coronavirus outbreak in Southern Italy*
The European Commission has approved a €1.5 billion Italian scheme to support companies operating in regions of Southern Italy affected by the coronavirus (...)
The EU Commission consults Member States on a proposal to prolong and adjust State aid Temporary Framework in the context of the changing COVID-19 outbreak
Coronavirus: Commission Statement on consulting Member States on proposal to prolong and adjust State aid Temporary Framework*
Today, the European Commission has sent to Member States for consultation a draft proposal to prolong until 30 June 2021 the State aid Temporary Framework, adopted (...)
The EU Commission approves a €44 million Italian recapitalization scheme to support large companies affected by COVID-19 outbreak
State aid: Commission approves €44 billion Italian recapitalisation scheme to support large companies affected by coronavirus outbreak*
The European Commission has approved an Italian scheme, with an overall budget of €44 billion, to support large enterprises affected by the coronavirus (...)
The EU Commission approves €199.45 million Italian support to compensate a national airline for damages suffered due to the COVID-19 pandemic (Alitalia)
State aid: Commission approves €199.45 million Italian support to compensate Alitalia for damages suffered due to coronavirus outbreak*
The European Commission has found Italian €199.45 million support in favour of Alitalia to be in line with EU State aid rules. The measure aims at (...)
The Montenegrin Competition Authority opens investigations into the compatibility with State aid rules of aid granted to an airline company in the view of the COVID-19 pandemic (Lex MA)
The Montenegrin Agency for Protection of Competition (“Agency“) issued on 3 September 2020 a decision to open a formal investigation procedure into the compatibility with state aid rules of the state aid granted by virtue of the 2019 Law on Investment into Consolidation and Development of the (...)
The EFTA Surveillance Authority greenlights state guarantee for Icelandic airline due to the COVID-19 pandemic (Icelandair)
COVID-19 Pandemic: ESA greenlights state guarantee for Icelandair*
Iceland will provide state aid to Icelandair to partly compensate for the damage resulting from travel restrictions linked to the COVID-19 outbreak.
Icelandair is an international passenger airline operating in Iceland. It (...)
The EU Commission approves a €290 million Belgian support to a national airline in the context of the COVID-19 outbreak (Brussels Airlines)
State aid: Commission approves €290 million Belgian support to Brussels Airlines in the context of the coronavirus outbreak*
The European Commission has approved a €290 million Belgian aid measure to support SN Group, which is composed of SN Airholding and its sole subsidiary Brussels (...)
The EU Commission approves German plans for a Bavarian fund to enable up to €46 billion of liquidity and capital support to enterprises in Bavaria in the context of the COVID-19 outbreak
State aid: Commission approves Bavarian fund to enable up to €46 billion of liquidity and capital support to enterprises in Bavaria in the context of the coronavirus outbreak*
The European Commission has approved German plans to set up a €46 billion fund at the level of the German State (...)
The EU Commission approves €62 million Romanian loan guarantee to compensate a national airline for damages suffered due to the COVID-19 pandemic and provide the airline with urgent liquidity support (Blue Air)
State aid: Commission approves €62 million Romanian loan guarantee to compensate Blue Air for damage suffered due to coronavirus outbreak and provide the airline with urgent liquidity support*
The European Commission has approved, under EU State aid rules, a Romanian loan guarantee of up to (...)
The EU Commission approves €1 billion Danish and Swedish measure to recapitalise major network airline due to the COVID-19 outbreak (SAS)
State aid: Commission approves €1 billion Danish and Swedish measure to recapitalise SAS*
The European Commission has approved Danish and Swedish plans to contribute up to SEK 11 billion (approximately€1 billion) to the recapitalisation of SAS. The measure was approved under the State aid (...)
The EU Commission approves Irish loan guarantee scheme mobilizing €2 billion support for companies affected by the COVID-19 outbreak
State aid: Commission approves Irish loan guarantee scheme mobilising €2 billion support for companies affected by the coronavirus outbreak*
The European Commission has approved an Irish loan guarantee scheme to support companies affected by the coronavirus outbreak. The scheme was approved (...)
The EU Commission approves €2 billion Italian guarantee scheme to support trade credit insurance market in the context of the COVID-19 outbreak
State aid: Commission approves €2 billion Italian guarantee scheme to support trade credit insurance market in the context of the coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a €2 billion Italian scheme to support the trade credit insurance market in (...)
The EU Commission approves €30 million Estonian measure to support the state-owned aviation company in the context of the COVID-19 outbreak (Nordica)
State aid: Commission approves €30 million Estonian measure to support Nordica in the context of the coronavirus outbreak*
The European Commission has approved a €30 million Estonian measure to provide a share capital increase and a subsidised interest loan to the state-owned aviation (...)
The EU Commission approves German aid scheme to support airports affected by the COVID-19 outbreak
State aid: Commission approves German aid scheme to support airports affected by the coronavirus outbreak*
The European Commission has approved a German aid scheme to support airports in the context of the coronavirus outbreak. The scheme was approved partially based on Article 107(2)(b) of (...)
The EU Commission approves €6 billion German scheme to compensate public transport companies for damages suffered due to COVID-19 outbreak
State aid: Commission approves €6 billion German scheme to compensate public transport companies for damages suffered due to coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a €6 billion German scheme to compensate companies providing regional and local (...)
The EU Commission approves €665 million Austrian scheme to support non-profit organizations and their related entities affected by the COVID-19 outbreak
State aid: Commission approves €665 million Austrian scheme to support non-profit organisations and their related entities affected by the coronavirus outbreak*
The European Commission has approved a €665 million Austrian scheme to support non-profit organisations (NPOs) and their related (...)
The EU Commission clears financial support granted by Romania to an airport as a compensation for the damage caused by the COVID-19 outbreak (Timisoara airport)
Introduction
Applying Article 107(2)(b) TFEU the European Commission has cleared financial support granted by Romania to Timisoara Airport as compensation for damage caused by the outbreak of Covid-19.
Background
Following the declaration of a state of emergency in Romania on 16 March (...)
The EU Commission approves €840 million German guarantee scheme to protect consumers and support the travel industry in the context of the COVID-19 outbreak
State aid: Commission approves €840 million German guarantee scheme to protect consumers and support the travel industry in the context of the coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a German State guarantee scheme worth €840 million to cover (...)
The EFTA Surveillance Authority approves Norwegian aid to the national airport operator due to the COVID-19 pandemic (TORP Sandefjord Airport)
COVID-19 Pandemic: ESA approves Norwegian aid to TORP Sandefjord Airport*
The EFTA Surveillance Authority (ESA) has approved aid to the operator of TORP Sandefjord Airport in Norway to cover some of the losses caused by the COVID-19 containment measures.
The aviation sector in Norway, both (...)
The EU Commission approves €6 billion Italian schemes to support SMEs affected by COVID-19 outbreak
State aid: Commission approves €6 billion Italian schemes to support SMEs affected by coronavirus outbreak*
The European Commission has approved three Italian schemes, with an overall budget of €6 billion, mainly consisting of incentives to the recapitalisation by private investors of small (...)
The EU Commission approves €10 billion Spanish funds to provide debt and capital support to companies affected by the COVID-19 outbreak
State aid: Commission approves €10 billion Spanish fund to provide debt and capital support to companies affected by the coronavirus outbreak*
The European Commission has approved Spanish plans to set up a fund (Solvency Support Fund) with a budget of €10 billion that will invest through (...)
The EFTA Surveillance Authority approves Norwegian aid to national airport due to the COVID-19 pandemic (Haugesund Airport)
COVID-19 Pandemic: ESA approves Norwegian aid to Haugesund Airport*
The EFTA Surveillance Authority (ESA) has approved aid to Haugesund Airport, Karmøy (HAU) in Norway to cover losses caused by the COVID-19 containment measures.
The aviation sector in Norway, both domestic and (...)
The EU Commission approves €866 million Czech scheme to support businesses affected by the COVID-19 outbreak
State aid: Commission approves € 866 million Czech scheme to support businesses affected by coronavirus outbreak*
The European Commission has approved a CZK 22.9 billion (approximately € 866 million) Czech wage subsidy scheme providing support to enterprises affected by the coronavirus (...)
The EU Commission approves €2.6 billion Polish scheme to support companies affected by the COVID-19 outbreak
State aid: Commission approves €2.6 billion Polish scheme to support companies affected by coronavirus outbreak*
The European Commission has approved a €2.6 billion (PLN 11.5 billion) Polish scheme to support companies affected by the coronavirus outbreak. The scheme was approved under the (...)
The EFTA Surveillance Authority approves a compensation scheme for bus and passenger boat services in Norway due to the COVID-19 pandemic
COVID-19 Pandemic: ESA approves compensation scheme for bus and passenger boat services in Norway*
The EFTA Surveillance Authority (ESA) has approved a scheme that will compensate undertakings offering commercial, year round, long-distance bus and boat services for losses incurred on (...)
The EFTA Surveillance Authority approves temporary Norwegian rules on asset depreciation due to the COVID-19 pandemic
COVID-19 Pandemic: ESA approves temporary Norwegian rules on asset depreciation*
The EFTA Surveillance Authority (ESA) has today approved a measure by the Norwegian government to stimulate liquidity for businesses by allowing an increased initial depreciation rate for investments in assets (...)
The EFTA Surveillance Authority greenlights amendments and prolongation of Norwegian schemes compensating losses for sport, voluntary and cultural events due to the COVID-19 pandemic
COVID-19 Pandemic: ESA greenlights amendments and prolongation of schemes compensating losses for sport, voluntary and cultural events*
The EFTA Surveillance Authority (ESA) has approved amendments and prolongation of two schemes for organisers in the culture, sports and voluntary sector in (...)
The EFTA Surveillance Authority prolongs and amends 6 sets of state aid guidelines to guarantee legal certainty in light of the COVID-19 pandemic
State Aid: ESA prolongs and amends guidelines*
Today, the EFTA Surveillance Authority (ESA) has decided to prolong six sets of state aid guidelines that were due to expire at the end of 2020. The decision, which mirrors that taken by the European Commission on 2 July 2020, is designed to (...)
The EU Commission recommends that Members States not grant financial support, including State aid, to companies with links to tax havens, especially in the context of the COVID-19 outbreak
State Aid: Commission recommends not granting financial support to companies with links to tax havens*
The European Commission has today recommended that Member States do not grant financial support to companies with links to countries that are on the EU’s list of non-cooperative tax (...)
The EU Commission approves Dutch plans to provide €3.4 billion in urgent liquidity support to national airline due to the COVID-19 outbreak (KLM)
State aid: Commission approves Dutch plans to provide €3.4 billion in urgent liquidity support to KLM*
The European Commission has approved, under EU State aid rules, a €3.4 billion Dutch aid measure consisting of a State guarantee on loans and a subordinated State loan to KLM to provide (...)
The EFTA Surveillance Authority approves amended Norwegian guarantee scheme for airlines due to the COVID-19 pandemic
COVID-19 Pandemic: ESA approves amended Norwegian guarantee scheme for airlines*
The EFTA Surveillance Authority (ESA) has approved a renewal and amendments of the scheme that will make it feasible for more airline operators to access guarantees to help them through the current crisis. (...)
The EFTA Surveillance Authority approves amendments to Norway’s seafarer tax refund scheme due to the COVID-19 pandemic
COVID-19 Pandemic: ESA approves amendments to Norway’s seafarer tax refund scheme*
The EFTA Surveillance Authority (ESA) has greenlighted amendments to a Norwegian aid scheme granting tax and social security contribution refunds to shipping companies in Norway. The amendments lift refund (...)
The EFTA Surveillance Authority approves grant scheme for the private media sector in Iceland due to the COVID-19 pandemic
COVID-19 Pandemic: ESA approves grant scheme for the private media sector in Iceland*
The EFTA Surveillance Authority (ESA) has approved a scheme that will offer direct grants to private media entities in Iceland to support the media sector in the ongoing pandemic.
Since the outbreak of (...)
The EU Commission approves German fund to enable up to €500 billion of liquidity and capital support to enterprises affected by the COVID-19 outbreak
State aid: Commission approves German fund to enable up to €500 billion of liquidity and capital support to enterprises affected by the coronavirus outbreak*
The European Commission has approved German plans to set up a fund with a budget of up to €500 billion for providing guarantees and (...)
The EU Commission approves €6.2 billion Italian grants scheme to support small businesses and self-employed affected by COVID-19 outbreak
State aid: Commission approves €6.2 billion Italian grants scheme to support small businesses and self-employed affected by coronavirus outbreak*
The European Commission has approved a €6.2 billion Italian scheme to support small businesses and self-employed affected by the coronavirus (...)
The EU Commission approves €150 million Austrian subordinated loan to compensate a national airline company for damages suffered due to the COVID-19 pandemic (Austrian Airlines)
State aid: Commission approves €150 million Austrian subordinated loan to compensate Austrian Airlines for damages suffered due to coronavirus outbreak*
The European Commission has found an Austrian €150 million subordinated loan (convertible into a grant) in favour of Austrian Airlines AG (...)
The EU Commission approves Latvian fund to enable €100 million of liquidity and capital support to large enterprises affected by the COVID-19 outbreak
State aid: Commission approves Latvian fund to enable €100 million of liquidity and capital support to large enterprises affected by the coronavirus outbreak*
The European Commission has approved Latvian plans to set up a fund with a current target size of €100 million that will invest (...)
The EFTA Surveillance Authority approves compensation scheme for the media sector in Norway due to the COVID-19 pandemic
COVID-19 Pandemic: ESA approves compensation scheme for the media sector in Norway*
ESA has approved a scheme that will compensate undertakings in the Norwegian media sector for losses in turnover caused by the COVID-19 outbreak.
In the context of the COVID-19 pandemic, the Norwegian (...)
The EFTA Surveillance Authority approves Norwegian support to the tourism sector due to the COVID-19 pandemic
COVID-19 Pandemic: ESA approves Norwegian support to tourism sector*
Businesses in the tourism sector that have suffered significant losses due to the COVID-19 pandemic can now receive up to EUR 800 000 in direct grants from the Norwegian government.
The Norwegian tourism sector provides (...)
The EU Commission approves €250 million Latvian measure to recapitalise national airline company in the context of the COVID-19 outbreak (airBaltic)
State aid: Commission approves €250 million Latvian measure to recapitalise airBaltic*
The European Commission has approved a €250 million Latvian measure to recapitalise airBaltic in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. (...)
The EU Commission prolongs State aid rules and adopts targeted adjustments to mitigate the impact of the COVID-19 outbreak
State aid: Commission prolongs EU State aid rules and adopts targeted adjustments to mitigate impact of coronavirus outbreak*
The European Commission has prolonged the validity of certain State aid rules which would otherwise expire at the end of 2020. In this context, and to take the (...)
The EFTA Surveillance Authority greenlights Icelandic travel guarantee fund due to the COVID-19 pandemic
COVID-19 Pandemic: ESA greenlights Icelandic travel guarantee fund*
The EFTA Surveillance Authority (ESA) has approved an Icelandic scheme that provides subsidised loans for package travel traders.
The tourism and package travel sector in Iceland is experiencing financial difficulties due (...)
The EU Commission prolongs EU State aid rules and adopts targeted adjustments to mitigate the impact of the COVID-19 outbreak
On 2 July 2020, the European Commission (the “Commission”) announced the prolongation of several existing State aid rules which would have otherwise expired at the end of 2020, with the purpose of mitigating the impact of the coronavirus outbreak on companies. In particular: The following (...)
The EU Commission approves a €30 billion French subordinated loan scheme to support companies affected by the COVID-19 outbreak
State aid: Commission approves €30 billion French subordinated loan scheme to support companies affected by the coronavirus outbreak*
The European Commission has approved a €30 billion French subordinated loan scheme to support companies affected by the coronavirus outbreak. The scheme was (...)
The EU Commission adopts a third amendment to extend the scope of the State aid Temporary Framework to support micro, small and start-up companies and incentivise private investments during the COVID-19 outbreak
State aid: Commission expands Temporary Framework to further support micro, small and start-up companies and incentivise private investments*
The European Commission has adopted a third amendment to extend the scope of the State aid Temporary Framework adopted on 19 March 2020 to support the (...)
The EU Commission adopts a third amendment to the State aid temporary framework
The EC’s third amendment to the State aid Temporary Framework*
On 29 June 2020, the European Commission (“EC”) adopted a third amendment to the Temporary Framework of 19 March 2020 (“Temporary Framework”) to extend the options available to Member State governments seeking to support their (...)
The EU Commission approves €7.6 billion Italian tax schemes to support companies and self-employed workers affected by COVID-19 outbreak
State aid: Commission approves €7.6 billion Italian tax schemes to support companies and self-employed workers affected by coronavirus outbreak*
The European Commission has approved four Italian aid schemes to support companies and self-employed workers affected by the coronavirus outbreak. (...)
The EU Commission conditionally clears pandemic related package aid to a German airline company (Lufthansa)
Introduction
Applying its Temporary Framework, the European Commission (EC) has conditionally authorized a rescue package granted by German to Lufthansa to cover financial losses resulting from the Covid-19 crisis. Conditions for the approval of tge proposed bail out included, among other (...)
The EU Commission approves €6 billion German measure to recapitalise a major national airline and weather the economic effects of COVID-19 outbreak (Lufthansa)
State aid: Commission approves €6 billion German measure to recapitalise Lufthansa*
The European Commission has approved German plans to contribute €6 billion to the recapitalisation of Deutsche Lufthansa AG (DLH), the parent company of Lufthansa Group. The measure was approved under the (...)
The EU Commission consults the Member States on the proposal to expand State aid Temporary Framework to further support micro, small and start-up companies and incentivise private investments in the wake of COVID-19 outbreak
Coronavirus: Commission Statement on consulting Member States on proposal to expand State aid Temporary Framework to further support micro, small and start-up companies and incentivise private investments*
Today, the European Commission has sent to Member States for consultation a draft (...)
The EU Commission publishes an overview of the State aid measures approved under the temporary State aid framework since the COVID-19 pandemic
On 12 June 2020, the European Commission published an overview of the State aid measures approved under Article 107(2)b TFEU, Article 107(3)b and under the Temporary State Aid Framework since the beginning of the Coronavirus outbreak.
Following the outbreak of the Coronavirus on 19 March (...)
The EU Commission approves €3.7 billion Swedish scheme to compensate companies for damages suffered due to the COVID-19 pandemic
State aid: Commission approves €3.7 billion Swedish scheme to compensate companies for damages suffered due to coronavirus outbreak*
The European Commission has found an approximately €3.7 billion (SEK 39 billion) Swedish scheme that partially compensates companies exposed to large turnover (...)
The EU Commission approves Polish recapitalization scheme to enable up to €1.65 billion of capital support to SMEs and large enterprises affected by the COVID-19 outbreak
State aid: Commission approves Polish recapitalisation scheme to enable up to €1.65 billion of capital support to SMEs and large enterprises affected by the coronavirus outbreak*
The European Commission has approved a Polish recapitalisation scheme of up to €1.65 billion (PLN 7.5 billion) to (...)
The EU Commission approves €1.2 billion Portuguese urgent liquidity support to its major national airline company, whose already existing liquidity needs to be increased with COVID-19 (Transportes Aéreos Portugueses)
State aid: Commission approves €1.2 billion Portuguese urgent liquidity support to TAP*
The European Commission has approved, under EU State aid rules, Portugal’s plans to grant a €1.2 billion rescue loan in favour of Transportes Aéreos Portugueses SGPS S.A. (“TAP”). The measure will provide (...)
The EU Commission approves €33 million Cypriot scheme deferring payment of VAT to support companies affected by COVID-19 outbreak
State aid: Commission approves €33 million Cypriot scheme deferring payment of VAT to support companies affected by coronavirus outbreak*
The European Commission has approved a €33 million Cypriot aid scheme deferring VAT payments to ease the liquidity constraints of companies affected by (...)
The EU Commission approves €286 million Finnish State aid measure to recapitalise a national airline which is considered essential to the recovery of the national economy after the COVID-19 outbreak (Finnair)
State aid: Commission approves €286 million Finnish measure to recapitalise Finnair*
The European Commission has approved Finnish plans to contribute to the recapitalisation of Finnair through the subscription of new shares by the State in the rights issue launched by Finnair on 10 June 2020 (...)
The EU Commission approves €5 billion French “umbrella” scheme to support research and development as well as testing infrastructures and production of COVID-19 relevant products
State aid: Commission approves €5 billion French “umbrella” scheme to support research, development, testing infrastructures and production of coronavirus relevant products*
The European Commission has approved a €5 billion French “umbrella” scheme to support research and development, (...)
The EU Commission approves €1.6 billion Polish scheme to compensate companies for damages suffered due to COVID-19 outbreak and provide liquidity support
State aid: Commission approves € 1.6 billion Polish scheme to compensate companies for damages suffered due to coronavirus outbreak and provide liquidity support*
The European Commission has approved, under EU State aid rules, an approximately €1.6 billion (PLN 7.5 billion) Polish scheme (...)
The EU Commission approves €600 million Finnish guarantee scheme to support maritime companies affected by the COVID-19 outbreak
State aid: Commission approves €600 million Finnish guarantee scheme to support maritime companies affected by the coronavirus outbreak*
The European Commission has approved a €600 million Finnish aid scheme to support the maritime companies in the context of the coronavirus outbreak. The (...)
The EU Commission approves Lithuanian fund to enable up to €1 billion of liquidity and capital support to medium-sized and large enterprises affected by the COVID-19 outbreak
State aid: Commission approves Lithuanian fund to enable up to €1 billion of liquidity and capital support to medium-sized and large enterprises affected by the coronavirus outbreak*
The European Commission has approved Lithuanian plans to set up a fund with a target size of up to €1 billion (...)
The EU Commission approves €2.2 billion Polish subsidised loan scheme for large enterprises affected by COVID-19 outbreak
State aid: Commission approves €2.2 billion Polish subsidised loan scheme for large enterprises affected by coronavirus outbreak*
The European Commission has approved a Polish subsidised loan scheme to support large enterprisesin the context of the coronavirus outbreak. The measure was (...)
The EU Commission approves Dutch guarantee scheme to stabilise trade credit insurance market in COVID-19 outbreak
State aid: Commission approves Dutch guarantee scheme to stabilise trade credit insurance market in coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a Dutch guarantee scheme to support the trade credit insurance market in face of the coronavirus outbreak. (...)
The EU Commission approves €8 billion Austrian scheme to compensate companies for damage caused by the COVID-19 pandemic
State aid: Commission approves €8 billion Austrian scheme to compensate companies for damage caused by coronavirus outbreak*
The European Commission has found a €8 billion Austrian scheme to compensate companies for damages related to the coronavirus outbreak to be in line with EU State aid (...)
The EU Commission approves €9 billion Italian “umbrella” scheme to support the economy in COVID-19 outbreak
State aid: Commission approves €9 billion Italian “umbrella” scheme to support economy in coronavirus outbreak*
The European Commission has approved a €9 billion Italian “umbrella” scheme to support the Italian economy in the context of the coronavirus outbreak. The scheme was approved under (...)
The EU Commission approves Danish guarantee scheme to stabilise trade credit insurance market in COVID-19 outbreak
State aid: Commission approves Danish guarantee scheme to stabilise trade credit insurance market in coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a Danish guarantee scheme to support the trade credit insurance market in face of the coronavirus (...)
The EU Commission approves €18.5 billion Czech guarantee scheme for companies affected by COVID-19 outbreak
State aid: Commission approves €18.5 billion Czech guarantee scheme for companies affected by coronavirus outbreak*
The European Commission has approved an approximately €18.5 billion (CZK 500 billion) Czech scheme for guarantees on loans to support lending to companies with up to 500 (...)
The EU Commission approves €322 million Croatian loan guarantees and subsidised loans scheme for micro, small and medium-sized companies affected by COVID-19 outbreak
State aid: Commission approves €322 million Croatian loan guarantees and subsidised loans scheme for micro, small and medium-sized companies affected by coronavirus outbreak*
The European Commission has approved an approximately €322 million (HRK 2.450 million) Croatian scheme for loan (...)
The EU Commission approves a €25 million Belgian State aid scheme to support COVID-19 related research and development activities in Wallonia
State aid: Commission approves €25 million Belgian aid scheme to support coronavirus related research and development activities in Wallonia*
The European Commission has approved a €25 million Belgian aid scheme to support coronavirus related research and development (R&D) in (...)
The EU Commission approves €1.5 million Latvian scheme to support companies active in the agricultural sector affected by COVID-19 outbreak
State aid: Commission approves €1.5 million Latvian scheme to support companies active in the agricultural sector affected by coronavirus outbreak*
The European Commission has approved a €1.5 million Latvian scheme to support companies active in the primary agricultural production sector (...)
The EU Commission approves €11.5 million Maltese scheme to support investments in the production of COVID-19-relevant products
State aid: Commission approves €11.5 million Maltese scheme to support investments in the production of coronavirus-relevant products*
The European Commission has approved a Maltese aid scheme of €11.5 million to support investments in the production of productsthat are relevant to the (...)
The EU Commission approves French guarantee scheme for exporting small and midsize companies affected by COVID-19 outbreak
State aid: Commission approves French guarantee scheme for exporting small and midsize companies affected by coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a French guarantee scheme for small and midsize companies with export activities that are (...)
The EU Commission approves €10.3 billion UK scheme to support self-employed individuals and members of partnerships during the COVID-19 outbreak
State aid: Commission approves € 10.3 billion UK scheme to support self-employed individuals and members of partnerships during the coronavirus outbreak*
The European Commission has approved a GBP 9 billion (approximately € 10.3 billion) UK aid scheme to support self-employed individuals and (...)
The EU Commission approves €500 million Greek scheme to support the self-employed affected by COVID-19 outbreak
State aid: Commission approves €500 million Greek scheme to support the self-employed affected by coronavirus outbreak*
The European Commission has approved a €500 million Greek scheme to support self-employed individuals, including self-employed managers of small companies in sectors (...)
The EU Commission approves €450 million Polish scheme in the form of loans and guarantees to support companies affected by COVID-19 outbreak
State aid: Commission approves €450 million Polish scheme to support companies affected by coronavirus outbreak*
The European Commission has approved a €450 million scheme (approximately PLN 2 billion)to support the Polish economy in the context of the coronavirus outbreak. The support (...)
The EU Commission invites comments on an updated proposal on simplified rules for State aid combined with EU support, inspired by temporary rules for aid to tackle the COVID-19 outbreak
State aid: Commission invites comments on updated proposal on simplified rules for State aid combined with EU support*
The European Commission is inviting Member States and other stakeholders to comment on its updated proposal to exempt from prior Commission scrutiny under EU State aid rules (...)
The EU Commission approves €650 million Dutch scheme to compensate companies in the floriculture, specialty horticulture, and potato sectors for damage caused by COVID-19 outbreak
State aid: Commission approves €650 million Dutch scheme to compensate companies in the floriculture, specialty horticulture and potato sectors for damage caused by coronavirus outbreak*
The European Commission has found a €650 million Dutch scheme that compensates companies in the (...)
The EU Commission includes recapitalisation measures in the temporary framework for State aid measures to support the economy during the COVID-19 outbreak
On 8 May 2020, the European Commission (“Commission”) adopted a second amendment (the “New Amendment”) to the Temporary Framework for State aid measures to support the economy during the COVID-19 outbreak (the “Temporary Framework”) (see our previous post on the Temporary Framework here and on (...)
The EU Commission expands Temporary Framework to a recapitalization and subordinated debt measures to further support the economy in the context of the COVID-19 outbreak
State aid: Commission expands Temporary Framework to recapitalisation and subordinated debt measures to further support the economy in the context of the coronavirus outbreak*
The European Commission has adopted a second amendment to extend the scope of the State aid Temporary Framework (...)
The EU Commission introduces new State aid rules to tackle the effects of the crisis by extending the Temporary Framework due to COVID-19
On 8 May 2020, the European Commission introduced new state aid rules to tackle the effects of the crisis by extending the Temporary state aid Framework. Under specific conditions, member states can provide aid in the form of subordinated debt, hybrid capital and equity in line with state aid (...)
The EU Commission authorises State aid measure following the COVID-19 outbreak to help companies cover their immediate liquidity needs through bank loans guaranteed by EU member states
The first State aid measures authorized by the European Commission (Commission) following the COVID-19 outbreak were aimed at helping companies to cover their immediate liquidity needs, mainly through bank loans guaranteed by EU Member States.
The significant losses incurred by companies as (...)
The EU Commission revises its temporary framework for State aid to allow capital injections by EU member states into non financial firms affected by the COVID-19 outbreak
The European Commission has revised its Temporary Framework for State Aid to support the economy during the coronavirus (COVID-19) pandemic to allow capital injections by EU member states into nonfinancial firms affected by the pandemic.
To support the economy in the current COVID-19 (...)
The EU Commission extends its COVID-19 State aid rules to recapitalisation and subordinated debt measure
In anticipation of the wave of requests from stricken companies due to the COVID-19 outbreak for more long-term State support, on 8 May, the Commission extended the scope of its State aid Temporary Framework to allow Member States to take stakes in non-financial companies affected by the (...)
The EU Commission approves €314 million Hungarian guarantee scheme to support SMEs active in the agri-food value chain during the COVID-19 outbreak
State aid: Commission approves €314 million Hungarian guarantee scheme to support SMEs active in the agri-food value chain during the coronavirus outbreak*
The European Commission has approved a Hungarian scheme to support the agri-food value chain in the context of the coronavirus outbreak, (...)
The EU Commission approves a €7.3 million Czech scheme to support research and development activities related to the COVID-19 pandemic
State aid: Commission approves €7.3 million Czech scheme to support research and development activities related to coronavirus outbreak*
The European Commission has approved a CZK 200 million (approximately €7.3 million) Czech aid scheme to support research and development (R&D) (...)
The EU Commission approves €40 million Finnish direct grant schemes to support companies in the agriculture and fishery sectors affected by COVID-19 outbreak
State aid: Commission approves €40 million Finnish direct grant schemes to support companies in the agriculture and fishery sectors affected by coronavirus outbreak*
The European Commission has approved two Finnish schemes, with a total budget of €40 million, to support the agricultural and (...)
The EU Commission approves €296 million Danish loan schemes to support start-ups affected by COVID-19 outbreak
State aid: Commission approves €296 million Danish loan schemes to support start-ups affected by coronavirus outbreak*
The European Commission has approved two Danish loan schemes to support start-up companies in the context of the coronavirus outbreak. The loan schemes, with a total budget (...)
The EU Commission approves €5.2 billion Czech guarantee scheme for loans to large exporting companies affected by COVID-19 outbreak
State aid: Commission approves €5.2 billion Czech guarantee scheme for loans to large exporting companies affected by coronavirus outbreak*
The European Commission has approved an approximately €5.2 billion (CZK 142 billion) Czech guarantee scheme for large companies with export activities (...)
The EU Commission approves a Belgian €250 million subordinated loan scheme to support start-ups, scale-ups, and SMEs affected by the COVID-19 outbreak
State aid: Commission approves Belgian €250 million subordinated loan scheme to support start-ups, scale-ups and SMEs affected by the coronavirus outbreak*
The European Commission has approved a Belgian scheme of €250 million, financed by the Flemish region, to support companies in the (...)
The EU Commission approves €10 million Greek direct grant scheme to support companies in the floriculture sector affected by the COVID-19 outbreak
State aid: Commission approves €10 million Greek scheme to support companies in the floriculture sector affected by the coronavirus outbreak*
The European Commission has approved a €10 million Greek State aid scheme to support the floriculture primary production sector in the context of the (...)
The EU Commission approves French plans to provide €7 billion in urgent liquidity support to Air France due to the COVID-19 outbreak
State aid: Commission approves French plans to provide €7 billion in urgent liquidity support to Air France*
The European Commission has approved, under EU State aid rules, a €7 billion French aid measure consisting of a State guarantee on loans and a shareholder loan to Air France to (...)
The EU Commission approves €30 million Italian scheme to support SMEs in the agriculture and fishery sectors affected by COVID-19 outbreak
State aid: Commission approves €30 million Italian scheme to support SMEs in the agriculture and fishery sectors affected by coronavirus outbreak*
The European Commission has approved a €30 million Italian scheme to support small and medium-sized enterprises (SMEs) in the agricultural and (...)
The EU Commission approves a €2 billion Slovenian guarantee and rent relief schemes to support companies affected by the COVID-19 outbreak
State aid: Commission approves €2 billion Slovenian guarantee and rent relief schemes to support companies affected by coronavirus outbreak*
The European Commission has approved two Slovenian schemes to support companies affected by the coronavirus outbreak. The schemes were approved under (...)
The EU Commission approves a €101,5 million Lithuanian rent compensation scheme to support sectors affected by the COVID-19 outbreak
State aid: Commission approves €101.5 million Lithuanian rent compensation scheme to support sectors affected by coronavirus outbreak*
The European Commission has approved a Lithuanian €101.5 million rent compensation scheme to support tenants operating in certain sectors, including retail, (...)
The EU Commission approves modification of the State aid Greek scheme to guarantee measure to support companies affected by the COVID-19 crisis
State aid: Commission approves modification of Greek guarantee measure to support companies affected by the coronavirus outbreak*
The European Commission has approved Greece’s modification of a previously approved guarantee scheme to support companies affected by the coronavirus outbreak, (...)
The EU Commission approves a Belgian scheme of €530 million to support companies during the COVID-19 outbreak through guarantees
STATE AID: COMMISSION APPROVES GUARANTEE SCHEME OF UP TO €530 MILLION TO SUPPORT THE WALLOON ECONOMY IN CORONAVIRUS OUTBREAK*
The European Commission has approved a Belgian scheme of up to €530 million, financed by the Walloon region, to support companies in the context of the coronavirus (...)
The EU Commission approves four Danish schemes granting tax deferrals and comparable measures to ease liquidity constraints in SME’s facing difficulties due to the COVID-19 pandemic
STATE AID: COMMISSION APPROVES €130 MILLION DANISH SCHEMES TO SUPPORT SMES AFFECTED BY CORONAVIRUS OUTBREAK*
The European Commission has approved four Danish schemes with a budget of DKK 970 million (approximately €130 million) granting tax deferrals and comparable measures to ease liquidity (...)
The EU Commission approves €900 million Hungarian schemes to support companies affected by COVID-19 outbreak
State aid: Commission approves €900 million Hungarian schemes to support companies affected by coronavirus outbreak*
The European Commission has approved three Hungarian aid measures, with a total budget of around € 900 million, to support the Hungarian economy in the context of the (...)
The EU Commission approves €5 billion loan guarantee by France to the Renault group to mitigate economic impact of COVID-19 outbreak (Renault)
State aid: Commission approves €5 billion loan guarantee by France to the Renault group to mitigate economic impact of coronavirus outbreak*
The European Commission has approved a French aid measure consisting of a €5 billion loan guarantee to the Renault group to mitigate the economic (...)
The EU Commission approves a German “umbrella” scheme to support research, development, and testing as well as production of COVID-19 relevant products
State aid: Commission approves German “umbrella” scheme to support research, development, testing and production of coronavirus relevant products*
The European Commission has approved a German “umbrella” scheme to support research, development, testing and production of coronavirus relevant (...)
The EU Commission approves €1.55 billion Hungarian guarantee scheme to support companies affected by the COVID-19 outbreak
State aid: Commission approves €1.55 billion Hungarian guarantee scheme to support companies affected by the coronavirus outbreak*
The European Commission has approved a €1.55 billion (approximately HUF 550 billion) Hungarian aid scheme to support the Hungarian economy in the context of the (...)
The EU Commission approves two additional Estonian schemes including public guarantees and loans to support companies affected by COVID-19 outbreak
State aid: Commission approves two additional Estonian schemes to support companies affected by coronavirus outbreak*
The European Commission has approved two Estonian State aid schemes to support companies affected by the coronavirus outbreak. The schemes were approved under the State aid (...)
The EU Commission approves €16.6 billion Polish repayable advance scheme to support companies affected by the COVID-19 outbreak
State aid: Commission approves €16.6 billion Polish repayable advance scheme to support companies affected by the coronavirus outbreak*
The European Commission has approved a Polish scheme in the form of repayable advances, with a total budget of €16.6 billion(approximately PLN 75 billion), (...)
The EU Commission approves €4 million Belgian scheme to support COVID-19 related research and development projects in the Brussels-Capital region
State aid: Commission approves €4 million Belgian scheme to support coronavirus related research and development projects*
The European Commission has approved a €4 million Belgian direct grant scheme for the Brussels-Capital region to support coronavirus related research and development (...)
The EU Commission approves a €550 million German State-guaranteed loan to compensate an airline company for damage caused by COVID-19 outbreak (Condor)
State aid: Commission approves €550 million German State-guaranteed loan to compensate airline Condor for damage caused by coronavirus outbreak*
The European Commission has found a State-guaranteed €550 million public loan in favour of German charter airline Condor to be in line with EU (...)
The EU Commission approves French guarantee scheme for exporting companies affected by COVID-19 outbreak
State aid: Commission approves French guarantee scheme for exporting companies affected by coronavirus outbreak*
The European Commission has approved a French guarantee scheme for small and midsize companies with export activities that are affected by coronavirus outbreak. The scheme is (...)
The EU Commission approves a Lithuanian scheme worth €5M in the form of loan interest payments for SMEs active in road freight transport affected by the COVID-19 outbreak
State aid: Commission approves €5 million Lithuanian scheme for SMEs active in road freight transport affected by the coronavirus outbreak*
The European Commission has approved a €5 million direct grant scheme to support the Lithuanian economy in the context of the coronavirus outbreak. The (...)
The EU Commission approves second Spanish “umbrella” scheme to support the economy in COVID-19 outbreak
State aid: Commission approves second Spanish “umbrella” scheme to support economy in coronavirus outbreak*
The European Commission has approved the second Spanish “umbrella” scheme to support the Spanish economy in the context of the coronavirus outbreak. The scheme was approved under the (...)
The EU Commission approves a €2B Slovenian State aid scheme including a dozen of measures to support companies affected by the COVID-19 crisis
State aid: Commission approves €2 billion Slovenian “umbrella” scheme to support the economy in coronavirus outbreak*
The European Commission has approved a €2 billion Slovenian State aid scheme to support the Slovenian economy in the context of the coronavirus outbreak. The scheme was (...)
The EU Commission approves Belgian €200,000 direct grant scheme to support agricultural and aquaculture sectors in Brussels-Capital region following COVID-19 outbreak
State aid: Commission approves €200,000 direct grant scheme to support agricultural and aquaculture sectors in Brussels-Capital region following coronavirus outbreak*
The European Commission has approved a €200,000 Belgian regional scheme to support agricultural and aquaculture sectors in (...)
The EU Commission approves €3 billion Finnish scheme that includes both direct grants and loan guarantees to support companies affected by COVID-19 outbreak
State aid: Commission approves €3 billion Finnish scheme to support companies affected by coronavirus outbreak*
The European Commission has approved a Finnish scheme to support the Finnish economy in the context of the coronavirus outbreak. The scheme was approved under the State aid (...)
The EU Commission approves a €700M Polish State aid scheme to support companies including the agricultural and fishery sectors that are affected by the COVID-19 outbreak
State aid: Commission approves €700 million Polish aid scheme to support companies affected by the coronavirus outbreak*
The European Commission has approved a €700 million scheme to support the Polish economy in the context of the coronavirus outbreak. The support measures available under (...)
The EU Commission approves €100 million Dutch subsidised loan scheme to support SMEs affected by COVID-19 outbreak
State aid: Commission approves €100 million Dutch subsidised loan scheme to support SMEs affected by coronavirus outbreak*
The European Commission has approved a €100 million Dutch State aid scheme to support small and medium-sized companies (SMEs) in the context of the coronavirus outbreak. (...)
The EU Commission approves a €125 million Maltese State aid employment scheme to help sectors affected by the COVID-19 crisis
State aid: Commission approves €215 million Maltese employment aid scheme to support sectors affected by coronavirus outbreak*
The European Commission has approved a €215 million Maltese wage subsidies scheme to support companies operating in the sectors affected by the coronavirus outbreak. (...)
The EU Commission approves a €137 million Swedish State aid public guarantee to compensate an airline company for damage suffered due to the COVID-19 crisis
State aid: Commission approves Swedish public guarantee of up to €137 million to compensate airline SAS for damage caused by coronavirus outbreak*
The European Commission has found a Swedish State guarantee of up to approximately €137 million on a revolving credit facility in favour of (...)
The EU Commission approves €7.8 billion Polish schemes to support companies affected by the COVID-19 outbreak including direct grants, tax deferrals, and wage subsidies
State aid: Commission approves €7.8 billion Polish schemes to support companies affected by the coronavirus outbreak*
The European Commission has approved 11 Polish State aid schemes, with a total budget of PLN 35.1 billion (approximately €7.8 billion), to support the Polish economy in the (...)
The EU Commission approves a €150 million Bulgarian scheme to support SMEs affected by COVID-19 outbreak with equity and quasi-equity investments
State aid: Commission approves a €150 million Bulgarian scheme to support SMEs affected by coronavirus outbreak*
The European Commission has approved a €150 million (approx. BGN 294 million) Bulgarian scheme to support small and medium-sized enterprises (SMEs) in the context of the (...)
The EU Commission approves €110 million Polish loan and guarantee scheme to support the economy in COVID-19 outbreak
State aid: Commission approves €110 million Polish loan and guarantee scheme to support the economy in coronavirus outbreak*
The European Commission has approved a PLN 500 million (approximately €110 million) Polish aid scheme to support the economy in the context of the coronavirus (...)
The EU Commission approves €38 million Swedish scheme to compensate damages caused by canceled or postponed cultural events due to COVID-19 outbreak
State aid: Commission approves €38 million Swedish scheme to compensate damages caused by cancelled or postponed cultural events due to coronavirus outbreak*
The European Commission has approved under EU State aid rules a SEK 420 million (approximately €38 million) Swedish scheme that (...)
The EU Commission approves Dutch guarantee scheme of up to €10 billion to support the economy in the context of COVID-19 outbreak
State aid: Commission approves Dutch guarantee scheme of up to €10 billion to support the economy in context of coronavirus outbreak*
The European Commission has approved a Dutch loan guarantee scheme of up to €10 billion to support the Dutch economy in the context of the coronavirus (...)
The EU Commission approves a €5.3 million Maltese scheme to support research and development related to the COVID-19 pandemic
State aid: Commission approves €5.3 million Maltese scheme to support research and development related to coronavirus outbreak*
The European Commission has approved a €5.3 million Maltese direct grants scheme to support investment in research and development (R&D) related to the (...)
The EU Commission approves €2 billion Finnish public guarantee and subsidised loan scheme to support companies affected by the COVID-19 outbreak
State aid: Commission approves €2 billion Finnish public guarantee and subsidised loan scheme to support companies affected by the coronavirus outbreak*
The European Commission has approved a €2 billion Finnish aid scheme to support the Finnish economy in the context of the coronavirus (...)
The EU Commission approves €2 billion Slovak employment aid scheme to preserve jobs and support the self-employed during the COVID-19 outbreak
State aid: Commission approves €2 billion Slovak employment aid scheme to preserve jobs and support the self-employed during the coronavirus outbreak*
The European Commission has approved a €2 billion Slovak aid scheme for preserving employment and supporting self-employed individuals (...)
The EU Commission approves €75.5 million Estonian schemes in the form of direct grants and payment advantages to support companies in COVID-19 outbreak
State aid: Commission approves €75.5 million Estonian schemes in the form of direct grants and payment advantages to support companies in coronavirus outbreak*
The European Commission has approved eight Estonian State aid schemes in the form of direct grants and payment advantages to provide (...)
The EU Commission approves a €100M Italian guarantee scheme to support SMEs in the agriculture, forestry, fishery, and aquaculture sectors affected by the COVID-19 pandemic
State aid: Commission approves €100 million Italian guarantee scheme to support SMEs in the agriculture, forestry, fishery and aquaculture sectors affected by the coronavirus outbreak*
The European Commission has approved a €100 million Italian State aid scheme to support small and (...)
The EU Commission approves a €50M Italian subsidized loans scheme to support agriculture, forestry, and fishery sectors affected by the COVID-19 pandemic in the Friuli Venezia Giulia region
State aid: Commission approves €50 million Italian subsidised loans scheme to support agriculture, forestry and fishery sectors affected by coronavirus outbreak in Friuli Venezia Giulia region*
The European Commission has approved a €50 million Italian scheme to support the agricultural, (...)
The EU Commission approves €200 million Irish scheme in the form of direct grants, repayable advances, equity injections, and subsidised loans to support companies affected by the COVID-19 outbreak
State aid: Commission approves €200 million Irish scheme to support companies affected by the coronavirus outbreak*
The European Commission has approved a €200 million Irish scheme to support companies affected by the coronavirus outbreak. The scheme, called “Sustaining Enterprise Scheme”, (...)
The EU Commission approves €7 billion French “umbrella” scheme to support the economy in the COVID-19 outbreak
State aid: Commission approves €7 billion French “umbrella” scheme to support the economy in the coronavirus outbreak*
The European Commission has approved a €7 billion French “umbrella” scheme to support small and medium-sized enterprises (SMEs) and large corporates in France affected by (...)
The EU Commission approves a €140 million Portuguese State aid scheme to support investment in research and development during the COVID-19 outbreak
State aid: Commission approves €140 million Portuguese scheme to support investment in research, development, testing and production of coronavirus relevant products*
The European Commission has approved a €140 million Portuguese aid scheme to support investment in research and development (...)
The EU Commission approves a €4M Croatian State aid scheme to support fishery and aquaculture companies affected by the COVID-19 crisis
State aid: Commission approves €4 million Croatian direct grant scheme to support fishery and aquaculture sector in coronavirus outbreak*
The European Commission has approved an HRK 30 million (approximately €4 million) Croatian scheme to support the fishery and aquaculture sector in Croatia (...)
The EU Commission approves a €1B Hungary State aid scheme to support companies through direct grants, loans, and equity measures during the COVID-19 outbreak
State aid: Commission approves €1 billion Hungarian aid scheme to support companies affected by the coronavirus outbreak*
The European Commission has approved a HUF 350 billion (approximately €1 billion) scheme to support the Hungarian economy in the context of the coronavirus outbreak. The (...)
The EU Commission approves an Austrian State aid scheme to support small and medium-sized enterprises during the COVID-19 outbreak
State aid: Commission approves Austrian guarantee schemes to support SMEs affected by the coronavirus outbreak*
The European Commission has approved Austrian guarantee schemes to support Austrian small and medium-sized enterprises (SMEs) in the context of the coronavirus outbreak. The (...)
The EU Commission approves a €88M Hungarian State aid scheme to support companies’ researchers and developers during the COVID-19 outbreak
State aid: Commission approves €88 million Hungarian aid scheme supporting researchers and developers in all sectors affected by coronavirus outbreak*
The European Commission has approved a HUF 31.5 billion (approximately €88 million) Hungarian wage subsidies support scheme for researchers (...)
State aid & COVID-19: A swift response to a massive challenge
Faster than during the 2008-2009 crisis, and almost as quick as the spreading of the Covid-19 virus … that’s how the EU’s response to the current pandemic crisis can be characterized. In exceptional circumstances such as the 2008-2009 financial crisis or during the 2010 Icelandic ash aviation (...)
The EU Commission approves €35.5 million Latvian direct grant scheme to support agriculture, fishery, food, and school catering sectors in COVID-19 outbreak
State aid: Commission approves €35.5 million Latvian direct grant scheme to support agriculture, fishery, food and school catering sectors in coronavirus outbreak*
The European Commission has approved a €35.5 million Latvian scheme to support the agricultural, fishery, food and school (...)
The EU Commission approves Danish public guarantee of up to €137 million to compensate an airline company for damage caused by COVID-19 outbreak (SAS)
State aid: Commission approves Danish public guarantee of up to €137 million to compensate airline SAS for damage caused by coronavirus outbreak*
The European Commission has found a Danish State guarantee of up to approximately €137 million on a revolving credit facility in favor of (...)
The EU Commission approves Czech scheme of up to €37 million in direct grants to support investments in the production of COVID-19-relevant products
State aid: Commission approves Czech scheme of up to €37 million to support investments in the production of coronavirus-relevant products*
The European Commission has approved a Czech aid scheme of up to CZK 1 billion (approximately €37 million) to support investments by small and (...)
The EU Commission approves €770 million Bulgarian employment aid scheme for preserving jobs in sectors most affected by the COVID-19 outbreak
State aid: Commission approves €770 million Bulgarian employment aid scheme for preserving jobs in sectors most affected by the coronavirus outbreak*
The European Commission has approved a BGN 1.5 billion (approximately €770 million) Bulgarian wage subsidies support scheme for preserving (...)
The EU Commission approves €453 million Swedish rent rebate scheme to support sectors affected by COVID-19 outbreak
State aid: Commission approves €453 million Swedish rent rebate scheme to support sectors affected by coronavirus outbreak*
The European Commission approved a Swedish rent rebate scheme of up to SEK 5 billion (approximately €453 million) in support of tenants operating in the sectors for (...)
The EU Commission approves prolongation and modification of the French “Fonds de solidarité” scheme for small enterprises in temporary financial difficulties due to COVID-19 outbreak
State aid: Commission approves prolongation and modification of the French “Fonds de solidarité” scheme for small enterprises in temporary financial difficulties due to coronavirus outbreak*
The European Commission has found France’s prolongation and modification of a previously approved (...)
The EU Commission approves Italian guarantee scheme to support self-employed workers, SMEs, and mid-caps affected by COVID-19 outbreak
State aid: Commission approves Italian guarantee scheme to support self-employed workers, SMEs and mid-caps affected by coronavirus outbreak*
The European Commission has approved an Italian aid scheme to support self-employed workers and companies with up to 499 employees affected by (...)
The EU Commission approves Italian guarantee scheme for new working capital and investment loans granted by banks to support companies affected by the COVID-19 outbreak
State aid: Commission approves Italian guarantee scheme to support the economy in coronavirus outbreak*
The European Commission has approved an Italian aid scheme to support the economy in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary (...)
The EU Commission approves German guarantee scheme to stabilise trade credit insurance market in COVID-19 outbreak
State aid: Commission approves German guarantee scheme to stabilise trade credit insurance market in coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a German guarantee scheme to support the trade credit insurance market in the face of the coronavirus (...)
The EU Commission approves €10 billion French guarantee scheme to support domestic credit insurance market in COVID-19 outbreak
State aid: Commission approves €10 billion French guarantee scheme to support domestic credit insurance market in coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a €10 billion French guarantee scheme to support the domestic credit insurance market in the (...)
The EU Commission approves amendments to previously approved German schemes to further support economy in COVID-19 outbreak
State aid: Commission approves amendments to previously approved German schemes to further support economy in coronavirus outbreak*
The European Commission has found the amendments to two German schemes to support companies affected by the coronavirus outbreak (“Bundesregelung Kleinbeihilfen (...)
The EU Commission approves Belgian scheme deferring payment by Walloon airports of concession fees to mitigate the economic impact of COVID-19 outbreak
State aid: Commission approves Belgian scheme deferring payment by Walloon airports of concession fees to mitigate economic impact of coronavirus outbreak*
The European Commission has approved a Belgian scheme deferring the payment by Walloon airports of concession feesto mitigate the (...)
The EU Commission approves €455 million Swedish guarantee scheme to support airlines affected by COVID-19 outbreak
State aid: Commission approves €455 million Swedish guarantee scheme to support airlines affected by coronavirus outbreak*
The European Commission has approved a Swedish loan guarantee scheme to support airlines affected by the coronavirus outbreak. The scheme was approved under the State (...)
The EU Commission approves Belgian guarantee scheme mobilising €50 billion support for companies affected by COVID-19 outbreak
State aid: Commission approves Belgian guarantee scheme mobilising €50 billion support for companies affected by coronavirus outbreak*
The European Commission has approved, under EU State aid rules, a €50 billion Belgian loan guarantee scheme to support the Belgian economy in the context of (...)
The EU Commission approves €3.3 billion Romanian scheme to support SMEs with direct grants and loan guarantees in COVID-19 outbreak
State aid: Commission approves €3.3 billion Romanian scheme to support SMEs in coronavirus outbreak*
The European Commission has approved a RON 16 billion (approximately €3.3 billion) Romanian scheme to support small and medium-sized enterprises (SMEs) in the context of the coronavirus (...)
The EU Commission approves Belgian guarantee scheme of up to €3 billion to support the Flemish economy in COVID-19 outbreak
State aid: Commission approves guarantee scheme of up to €3 billion to support the Flemish economy in coronavirus outbreak*
The European Commission has approved a Belgian scheme of up to €3 billion, financed by the Flemish region, to support companies in the context of the coronavirus (...)
The EU Commission approves €115 million Polish scheme of direct grants to support companies in COVID-19 outbreak
State aid: Commission approves €115 million Polish scheme to support economy in coronavirus outbreak*
The European Commission has approved a PLN 527 million (approximately €115 million) Polish scheme to support the Polish economy in the context of the coronavirus outbreak. The scheme was (...)
The EU Commission approves €150 million Lithuanian scheme of direct grants and loan guarantees to support companies in COVID-19 outbreak
State aid: Commission approves €150 million Lithuanian schemes to support economy in coronavirus outbreak*
The European Commission has approved two Lithuanian aid schemes to support the Lithuanian economy in the context of the coronavirus outbreak. The schemes were approved under the State (...)
The EU Commission approves a €1 billion Croatian State aid scheme that will take the form of zero-interest loans to help companies affected by the COVID-19 crisis
State aid: Commission approves €1 billion Croatian schemes to support companies affected by coronavirus outbreak*
The European Commission has approved two Croatian schemes to support the Croatian economy in the context of the coronavirus outbreak. The schemes were approved under the State (...)
The EU Commission President forms a team to coordinate the State aid schemes and the EU response to the COVID-19 crisis
The COVID-19 crisis: EU Competition Policy response
In response to the COVID-19 crisis, European Union (EU) President Ursula von der Leyen has formed a team led by eight Commissioners to coordinate the EU response. This team of Commissioners is advised by a new advisory panel of (...)
The EU Commission approves a €15 billion Austrian liquidity State aid scheme in the form of direct grants, state guarantees for loans, and subsidised public loans to support the economy in the context of the COVID-19 crisis
State aid: Commission approves €15 billion Austrian liquidity scheme to support the economy in the coronavirus outbreak*
The European Commission has approved a €15 billion Austrian liquidity scheme to support the economy in the context of the coronavirus outbreak. The scheme was approved (...)
The EU Commission consults with Member States on further expanding the State aid Temporary Framework for COVID-19 outbreak to recapitalisation measures
Coronavirus: Commission Statement on consulting Member States on proposal to further expand State aid Temporary Framework to recapitalisation measures*
Today, the European Commission has sent to Member States for consultation a draft proposal to further extend the scope of the State aid (...)
The EU Commission approves a €255M Bulgarian State aid scheme to support small enterprises during the COVID-19 crisis
State aid: Commission approves €255 million Bulgarian guarantee scheme to support SMEs in coronavirus outbreak*
The European Commission has approved a Bulgarian BGN 500 million (approx. €255 million) public guarantee scheme to support small and medium-sized enterprises (SMEs) in the context (...)
The EU Commission approves €700 million Polish scheme with loan guarantees and subsidies to support companies in COVID-19 outbreak
State aid: Commission approves € 700 million Polish loan and guarantee scheme to support economy in coronavirus outbreak*
The European Commission has approved a PLN 3.5 billion (approximately €700 million) Polish aid scheme to support the economy in the context of the coronavirus outbreak. (...)
The EU Commission approves a Danish State aid scheme to compensate the companies activities affected negatively by the COVID-19 outbreak
State aid: Commission approves €5.4 billion Danish scheme to compensate companies particularly affected by the coronavirus outbreak*
The European Commission has approved under EU State aid rules a DKK 40 billion (approximately €5.4 billion) Danish scheme that compensates companies (...)
The EU Commission approves €20 million Portuguese credit line scheme to support fishery and aquaculture sector during the COVID-19 outbreak
State aid: Commission approves €20 million Portuguese credit line scheme to support fishery and aquaculture sector in coronavirus outbreak*
The European Commission has approved a Portuguese scheme to support the Portuguese fishery and aquaculture sector in the context of the coronavirus (...)
The EU Commission approves a €140 million Hungarian State aid scheme managed by the Hungarian investment promotion agency to help the national economy during the COVID-19 crisis
The European Commission has approved a HUF 50 000 million (approximately €140 million) Hungarian aid scheme to support the Hungarian economy in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, (...)
The EU Commission approves a €110M Lithuanian State aid scheme to support the national economy during the COVID-19 outbreak
State aid: Commission approves €110 million Lithuanian guarantee scheme to support economy in coronavirus outbreak*
The European Commission has approved a €110 million Lithuanian aid scheme to support the Lithuanian economy in the context of the coronavirus outbreak. The scheme was approved (...)
The EU Commission approves a €1.2 billion Greek State aid scheme that takes the form of grants to help the national economy during the COVID-19 outbreak
State aid: Commission approves €1.2 billion Greek scheme providing grants for SMEs to support economy in coronavirus outbreak*
The European Commission has approved a €1.2 billion Greek aid scheme to support the Greek economy in the context of the coronavirus outbreak. The scheme was approved (...)
The EU Commission approves a €30 million Luxembourg State aid scheme related to research and development and investment in the production during the COVID-19 crisis
State aid: Commission approves €30 million Luxembourg scheme to support research and development and investments in the production of coronavirus relevant products*
The European Commission has approved a €30 million Luxembourg aid scheme to support coronavirus related research and (...)
The EU Commission approves a Greek State aid scheme to support and help the economy’s companies affected by the COVID-19 pandemic situation
State aid: Commission approves €1 billion Greek scheme providing repayable advances to support the economy in the coronavirus outbreak*
The European Commission has approved a €1 billion Greek aid scheme to support companies affected by the coronavirus outbreak. The scheme was approved under (...)
The EU Commission approves €790 million Croatian guarantee scheme for companies with export activities affected by coronavirus outbreak
State aid: Commission approves €790 million Croatian guarantee scheme for companies with export activities affected by coronavirus outbreak*
The European Commission has found a HRK 6 billion (approximately €790 million) Croatian liquidity guarantee scheme for companies affected by the (...)
The EU Commission approves a £50 billion umbrella UK scheme to support companies affected by the COVID-19 outbreak
State aid: Commission approves £50 billion UK “umbrella” scheme to support the economy in the coronavirus outbreak*
The European Commission has approved a £50 billion (approximately €57 billion) “umbrella” UK scheme to support small and medium-sized enterprises (SMEs) and large corporates in (...)
The EU Commission approves a £50 billion umbrella UK State aid scheme to support SME’s and large corporates affected by the COVID-19
The European Commission has approved a £50 billion (EUR 57 billion) “umbrella” UK state aid scheme to support small and medium-sized enterprises and large corporates in the United Kingdom affected by the coronavirus (COVID-19) outbreak. The umbrella scheme was approved on April 6, 2020, under (...)
The EU Commission approves a Portuguese State aid scheme including public loan guarantees and direct grants to companies during the COVID-19 crisis
State aid: Commission approves €13 billion Portuguese schemes to support economy in coronavirus outbreak*
The European Commission has approved two Portuguese State aid schemes to support the Portuguese economy in the context of the coronavirus outbreak. The schemes were approved under the (...)
The EU Commission approves €200 million Danish loan in support of the Travel Guarantee Fund for travel cancellations due to COVID-19 outbreak
State aid: Commission approves €200 million Danish loan in support of the Travel Guarantee Fund for travel cancellations due to coronavirus outbreak*
The European Commission has found a Danish State loan facility of up to DKK 1.5 billion (approx. €200 million) in support of the Travel (...)
The EU Commission revises its temporary framework for State aid to support the economy during the COVID-19 pandemic and allows investment aid to companies involved in the fight against the outbreak
The European Commission revised its Temporary Framework for State Aid to support the economy during the coronavirus (COVID-19) pandemic, allowing investment aid to companies involved in the fight against the pandemic, as well as new forms of operating aid for companies in severely impacted (...)
The EU Commission approves €2 billion Greek guarantee measure to support companies affected by the COVID-19 outbreak
State aid: Commission approves €2 billion Greek guarantee measure to support companies affected by the coronavirus outbreak*
The European Commission has approved today a €2 billion Greek aid scheme to support the Greek economy in the context of the coronavirus outbreak. The scheme was (...)
The EU Commission extends Temporary Framework to enable Member States to accelerate research, testing and production of coronavirus relevant products, to protect jobs, and to further support the economy in the COVID-19 outbreak
State aid: Commission extends Temporary Framework to enable Member States to accelerate research, testing and production of coronavirus relevant products, to protect jobs and to further support the economy in the coronavirus outbreak*
The European Commission has adopted an amendment (...)
The EU Commission issues a first amendment to the Temporary Framework enabling Members States to accelerate research and development testing and the manufacture of COVID-19 relevant products
Update on the EU’s State aid response to COVID-19*
Our previous blog post covered the EU Commission’s (“EC”) Temporary Framework of 19 March 2020 (“Temporary Framework”), which aims at enabling national governments to use the full flexibility of State aid rules to support the economy in the (...)
The EU Commission recognises the impact of the COVID-19 across Europe’s trade and issues a temporary framework for State aid measures to support the economy
Public safety measures, supply disruptions and the unprecedented dramatic decline in automotive markets as a result of the COVID-19 outbreak have forced OEMs to stop production in numerous Member States. Such decisions will of course have far-reaching direct and indirect effects on businesses (...)
The EU Commission approves a €23 million Dutch scheme of direct grants to support providers of social support services and health care as well as youth care in offering services at home during the COVID-19 pandemic
State aid: Commission approves €23 million Dutch scheme to support the economy in the current coronavirus outbreak*
The European Commission has approved a €23 million Dutch scheme to support certain providers of social support and health care in offering services at home during the (...)
The EU Commission approves a Polish scheme enabling public guarantees up to €22 billion to companies affected by the COVID-19 outbreak
State aid: Commission approves Polish scheme enabling public guarantees up to €22 billion to support economy in coronavirus outbreak*
The European Commission has approved a Polish aid scheme to support the Polish economy in the context of the coronavirus outbreak.The scheme was approved (...)
The EU Commission adopts an amendment to extend the temporary framework for State aid measures to support the economy in the COVID-19 outbreak
On 3 April, the Commission adopted an Amendment to extend the Temporary Framework for State aid measures to support the economy in the COVID-19 outbreak adopted on 19 March (covered in our previous alert: European Commission publishes its emergency COVID-19 State aid rules and rapidly approves (...)
The EU Commission approves a €9.1 billion Swedish guarantee scheme on commercial loans to companies during the COVID-19 outbreak
State aid: Commission approves a €9.1 billion Swedish guarantee scheme to support economy in coronavirus outbreak*
The European Commission has approved a SEK 100 billion SEK (approximately €9.1 billion) Swedish aid scheme to support the economy in the context of the coronavirus outbreak. The (...)
The EU Commission approves €350 million Maltese guarantee scheme for working capital loans granted by commercial banks to support companies affected by the COVID-19 outbreak
State aid: Commission approves €350 million Maltese guarantee scheme to support economy in coronavirus outbreak*
The European Commission has approved a Maltese State aid scheme to support the economy in the context of the coronavirus outbreak. The scheme was approved under the State aid (...)
The EU Commission approves extension of German scheme for subsidised loans by regional authorities and promotional banks to companies during COVID-19 outbreak
State aid: Commission approves extension of German scheme for subsidised loans to support economy in coronavirus outbreak*
The European Commission has approved a German State aid scheme extending measures adopted on 22 March 2020 to support the economy in the context of the coronavirus (...)
The EU Commission approves a Spanish “umbrella” scheme with measures that include direct grants and tax advantages, and where recipients include the self-employed affected by the COVID-19 outbreak
State aid: Commission approves Spanish “umbrella” scheme to support economy in coronavirus outbreak*
The European Commission has approved a Spanish aid scheme to support the Spanish economy in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary (...)
The EU Commission approves a French scheme deferring payment by airlines of certain taxes to mitigate the economic impact of COVID-19 the outbreak
State aid: Commission approves French scheme deferring payment by airlines of certain taxes to mitigate economic impact of coronavirus outbreak*
The European Commission has found a French scheme deferring the payment by airlines of certain aeronautical taxes to be in line with EU State aid (...)
The EU Commission approves €200 million Irish scheme in the form of repayable advances to companies affected by the COVID-19 outbreak
Commission approves €200 million Irish scheme to support the economy in the current coronavirus outbreak*
The European Commission has found a €200 million Irish scheme to support companies affected by the coronavirus outbreak to be in line with EU State aid rules. The scheme was approved (...)
The EU Commission approves €1.75 billion Estonian schemes to support companies with loan guarantees and direct loans under favorable terms during COVID-19 outbreak
State aid: Commission approves €1.75 billion Estonian schemes to support economy in coronavirus outbreak*
The European Commission has approved two Estonian State aid schemes to support the Estonian economy in the context of the coronavirus outbreak. The schemes were approved under the State (...)
The EU Council announces that it will suspend airport slot requirements to help mitigate the economic impact of COVID-19 on airlines including State aid in different forms
The Council of the EU announced on March 30 that the European Union has suspended the airport slot requirements until October 24. The slot requirements require airlines to use at least 80% of their slots in order to be guaranteed usage of those slots in the following year.
The waiver of the (...)
The EU Commission approves €130 million Danish guarantee scheme for SMEs with export activities affected by COVID-19 outbreak
State aid: Commission approves €130 million Danish guarantee scheme for SMEs with export activities affected by coronavirus outbreak*
The European Commission has found a DKK 1 billion (approximately €130 million) Danish liquidity guarantee scheme for small and medium-sized enterprises (SMEs) (...)
The EU Commission approves €1.2 billion French “Fonds de solidarité” scheme for small enterprises in temporary financial difficulties due to COVID-19 outbreak
State aid: Commission approves €1.2 billion French “Fonds de solidarité” scheme for small enterprises in temporary financial difficulties due to coronavirus outbreak*
The European Commission has found France’s €1.2 billion scheme to support small and micro-enterprises as well as (...)
The EU Commission approves Luxembourg guarantee measure to further support economy in COVID-19 outbreak
State aid: Commission approves Luxembourg guarantee measure to further support economy in coronavirus outbreak*
The European Commission has approved today another Luxembourg State aid scheme to support the Luxembourgish economy in the context of the coronavirus outbreak. The scheme was (...)
The EU Commission consults with the Member States on extending the State aid Temporary Framework for the COVID-19 pandemic with 5 new measures
Coronavirus: Commission Statement on consulting Member States on the proposal to extend State aid Temporary Framework*
This evening, the European Commission has sent to Member States for consultation a draft proposal to extend the State aid Temporary Framework adopted on 19 March 2020 to (...)
The EU Commission amends Short-term export-credit insurance Communication in light of the economic impact of COVID-19 outbreak
State aid: Commission amends Short-term export-credit insurance Communication in light of economic impact of coronavirus outbreak*
The European Commission has decided to temporarily remove all countries from the list of “marketable risk" countries under the Short-term export-credit insurance (...)
The EU Council supports in a virtual meeting the State aid framework that allows Member States to provide relief to the companies and citizens
EU competition law and the COVID-19 pandemic - a consumer perspective*
We are living through unprecedented challenges in Europe and around the world. Despite the efforts of the European Union and its Member States to contain the spread of the Sars-CoV-2 virus, infection rates are on the (...)
The EU Commission introduces a Temporary Framework which enables governments to offer extensive State-backed loans to the aviation industry affected by COVID-19
Although the EU’s introduction of a Temporary Framework has enabled governments to offer extensive State-backed loans, the airline industry needs more than just credit—it will need equity. However, State aid to the aviation industry is strictly regulated by the European Commission (the (...)
The EU Commission approves under EU State aid rules €1.3 billion Danish scheme that partially compensates the self-employed for the losses of turnover suffered due to the COVID-19
The European Commission has approved under EU State aid rules a DKK 10 billion (approximately €1.3 billion) Danish scheme that partially compensates the self-employed for the losses of turnover suffered due to the coronavirus outbreak.
Executive Vice-President Margrethe Vestager, in charge (...)
The EU Commission approves UK emergency State aid for SMEs affected by the COVID-19 outbreak
UK emergency state aid measures for small and medium-sized enterprises related to the coronavirus (COVID-19) pandemic will include direct grants and guarantees covering 80% of loan facilities.
The European Commission on March 25 approved UK emergency state aid measures for small and (...)
The EU Commission approves two separate UK State aid schemes to support SMEs in the context of the COVID-19 outbreak
The European Commission has approved two separate UK State aid schemes to support small and medium-sized enterprises (SMEs) in the context of the coronavirus outbreak. The schemes were approved under the State aid Temporary Framework to support the economy in the context of the COVID-19 (...)
The EU Commission approves the Italian State guarantee supporting a debt moratorium from banks to SMEs affected by the COVID-19 outbreak
The European Commission has approved the Italian State guarantee supporting a debt moratorium from banks to small and medium-sized enterprises (SMEs) affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework to support the economy in the context of (...)
The EU Commission approves German direct grant scheme to support companies affected by COVID-19 outbreak
State aid: Commission approves German direct grant scheme to support companies affected by coronavirus outbreak*
The European Commission has found a German scheme to support companies affected by the coronavirus outbreak to be in line with EU State aid rules. The scheme was approved under (...)
The EU Commission finds Luxembourg’s €300 million scheme to support companies affected by the coronavirus outbreak to be in line with EU State aid rules
The European Commission has found Luxembourg’s €300 million scheme to support companies affected by the coronavirus outbreak to be in line with EU State aid rules. The scheme was approved under the State aid Temporary Framework to support the economy in the context of the COVID-19 outbreak (...)
The EU Commission approves €20 billion Spanish guarantee schemes for companies and self-employed affected by COVID-19 outbreak
State aid: Commission approves €20 billion Spanish guarantee schemes for companies and self-employed affected by coronavirus outbreak*
The European Commission has found two Spanish guarantee schemes for companies and self-employed workers affected by the coronavirus outbreak to be in line (...)
The EU Commission approves German guarantee measure to further support economy in COVID-19 outbreak
State aid: Commission approves German guarantee measure to further support economy in coronavirus outbreak*
The European Commission has approved today another German State aid scheme to support the German economy in the context of the coronavirus outbreak. The scheme was approved under the (...)
The EU Commission finds Latvian loan guarantee scheme and subsidised loan scheme of €250 million for companies affected by coronavirus outbreak to be in line with EU State aid rules
State aid: Commission approves state support for €250 million Latvian subsidised loan scheme and loan guarantee scheme for companies affected by coronavirus outbreak*
The European Commission has found Latvian loan guarantee scheme and subsidised loan scheme for companies affected by (...)
The EU Commission approves German measures to support economy in COVID-19 outbreak
State aid: Commission approves German measures to support economy in Coronavirus outbreak*
The European Commission has approved two German State aid schemes to support the German economy in the context of the Coronavirus outbreak. The schemes were approved under the State aid Temporary (...)
The EU Commission approves €3 billion Portuguese State aid schemes for small and medium-sized companies and midcaps affected by the COVID-19 outbreak
State aid: Commission approves €3 billion Portuguese guarantee schemes for SMEs and midcaps affected by Coronavirus outbreak*
The European Commission has found four Portuguese guarantee schemes for small and medium-sized enterprises (SMEs) and midcaps affected by the Coronavirus outbreak to (...)
The EU Commission approves a €50 million Italian State aid scheme to support the production and supply of medical devices during the COVID-19 pandemic
State aid: Commission approves €50 million Italian support scheme for production and supply of medical equipment and masks during Coronavirus outbreak*
The European Commission has approved a €50 million Italian aid scheme to support the production and supply of medical devices, such as (...)
The EU Commission approves three French State aid schemes to support the economy in the context of the COVID-19 outbreak
State aid: Commission approves French schemes to support economy in Coronavirus outbreak*
The European Commission has approved three French State aid schemes to support the French economy in the context of the Coronavirus outbreak. The schemes were approved under the State aid Temporary (...)
The EU Commission approves a €130 million State aid scheme to help the Danish small and medium-sized enterprises affected by the COVID-19 outbreak
State aid: Commission approves Danish guarantee scheme for SMEs affected by Coronavirus outbreak*
The European Commission has found a DKK 1 billion (approx. €130 million) Danish guarantee scheme for small and medium-sized enterprises (SMEs) affected by Coronavirus outbreak to be in line with (...)
The EU Commission adopts a Temporary Framework for the assessment of State aid granted to assist firms from entering into difficulties due to the COVID-19 outbreak
In response to the COVID-19 crisis, European Union (EU) President von der Leyen has formed a team led by eight Commissioners to coordinate the EU response to the crisis. This team of Commissioners is advised by a new advisory panel of epidemiologists and virologists. The European Commission (...)
The EU Commission adopts a temporary framework allowing Member States to grant State aid to businesses to help them face the COVID-19 crisis
On 19 March 2020, the European Commission adopted a temporary framework that allows Member States to grant certain State aid to businesses to help them face the economic and financial consequences of the Coronavirus (COVID-19) health crisis. In the wake of this decision—and in a record time of (...)
The EU Commission adopts a Temporary Framework to support the economy in the context of the COVID-19 outbreak
On March 19, the Commission adopted a communication (the “Temporary Framework”) setting out a temporary framework for the implementation of less stringent State aid rules in order to support the economy in the context of the COVID-19 outbreak. Given the limited size of the EU budget, most of (...)
The EU Commission announces a major relaxation of the State aid rules via a new Temporary Framework during the COVID-19 outbreak
How will European Competition Enforcers Respond?
The COVID-19 pandemic presents an unprecedented challenge to the economy and competition enforcement is no exception. Authorities at EU and national level may need to consider novel solutions to respond to rapidly evolving problems and to (...)
The EU Commission adopts a temporary framework for State aid measures to support the economy in the current COVID-19 outbreak
On 19 March 2020, the European Commission (the “Commission”) adopted the Temporary Framework for State aid measures to support the economy in the current COVID- 19 outbreak (the “Temporary Framework”), which was first amended on 3 April 2020.
On 8 May 2020, the Commission adopted another (...)
The EU Commission adopts a new Temporary Framework to complement the existing State aid toolbox during the COVID-19 outbreak
The Coronavirus (COVID-19) pandemic has been declared an exceptional occurrence, paving the way for more and faster approval of national State aid initiatives in the EU.
The massive and unprecedented financial impact on the world economy has led to a number of European governments promising (...)
The EU Commission implements a specific and temporary framework for State aid measures to support the EU economy during the COVID-19 outbreak
The current health crisis related to the Covid-19 outbreak has forced several Member States of the European Union (hereinafter the “EU”) to take exceptional containment measures of their population which have resulted in a decrease in the companies’ cash flow and in a freeze on their (...)
The EU Commission adopts the temporary framework for State aid measures to support the economy during the COVID-19 outbreak
On 19 March 2020, the Commission adopted the Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak (“Temporary Framework”). On 4 April 2020, it published a first amendment to the Temporary Frame- work, which significantly broadens its scope of (...)
The EU Commission adopts a Temporary Framework for State aid in the context of the COVID-19 to support the economy
The European Commission on 19 March adopted a Temporary Framework for State Aid to support the economy in the context of the COVID-19 outbreak, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union, which enables the Commission to approve national support measures (...)
The EU Commission adopts a new Temporary Framework for State aid in the COVID-19 context to support the business suffering
The European Commission has now adopted a Framework of temporary State aid rules enabling Member States to adopt measures to support the growing number of businesses suffering because of the COVID-19 outbreak. This is the first time since the 2008 financial crisis that the Commission has (...)
The EU Commission takes an important step to facilitate State aid due to the COVID-19 crisis by adopting a temporary framework
Many businesses are increasingly facing severe business disruption and/or liquidity problems as the COVID-19 outbreak spreads. Supply chains are disrupted, workforces quarantined and customer demand is falling. In response, governments across the EU (and the UK) are pledging to do whatever it (...)
The EU Commission adopts a Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak
On 19 March 2020, the Commission adopted a Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak (the “Covid-19 Temporary Framework”). This Temporary Framework complements the Communication on a Coordinated economic response to the COVID-19 outbreak (...)