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

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EU Commission, Amendment to the Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak, C(2020) 3156 final, 8 May 2020

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

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