ALERTS: STATE AID - EUROPEAN UNION - SPAIN - HEALTHCARE - AIR TRANSPORT - COVID-19 - LEGALITY OF AID

COVID-19: The General Court of the European Union confirms the legality of the aid scheme for strategic Spanish companies adopted in response to the Covid-19 pandemic (Ryanair)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 20 July 2020, Spain notified the Commission of an aid scheme to set up the Fund to support the solvency of strategic enterprises, with a budget of EUR 10 billion, to support the solvency of viable enterprises, considered systemic or strategic for the Spanish economy, which are experiencing temporary difficulties as a result of the COVID-19 pandemic. In order to be eligible, companies had to meet several other cumulative conditions relating to the reality of the difficulties encountered as a result of the health crisis. By decision of 31 July 2020the Commission declared the notified scheme, assessed under the 'Temporary framework on State aid measures

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  • L’actu-concurrence (Paris)

Quotation

Alain Ronzano, COVID-19: The General Court of the European Union confirms the legality of the aid scheme for strategic Spanish companies adopted in response to the Covid-19 pandemic (Ryanair), 19 May 2021, Concurrences N° 2-2021, Art. N° 100828, www.concurrences.com

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