A First Evaluation of Covid-19 State Aid* Introduction On 17 December 2020, the European Parliament published a report evaluating the impact of State aid to combat covid-19. [1] The report was requested by the committee responsible for economic policy. The report is probably the first independent attempt to examine the effect of the huge amounts of public money that have been pumped into the European economy. It highlights the significant differences across Member States with respect to the number of State aid measures, as well as the amount of aid, both in absolute and relative terms. Given these differences, the report warns of possibly substantial distortions of competition. Objectives of the report The report tries to answer “the question of whether the current EU State aid

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