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 application. The amended Temporary Framework covers five additional categories of State aid: (i) support for coronavirus-related research and development (R&D); (ii) support for the construction and upscaling of testing facilities; (iii) support for the production of products relevant to tackle the coronavirus outbreak; (iv) targeted support in the form of deferral of tax payments and/or suspensions of social security contributions; and (v) targeted support in the form of wage subsidies for employees. In addition, the amended Temporary Framework provides for higher thresholds of State aid amounts. It should also be noted that on 9 April, the Commission.

Version PDF

Auteur

  • Van Bael & Bellis (Brussels)

Citation

Markus Wellinger, The EU Commission adopts the temporary framework for State aid measures to support the economy during the COVID-19 outbreak, 19 mars 2020, e-Competitions March 2020, Art. N° 94750

Visites 62

Tous les numéros

  • Latest News issue 
  • Tous les News issues
  • Latest Special issue 
  • Tous les Special issues