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Tag: further

State aid: EU Commission consults Member States on proposal to further expand State aid Temporary Framework to subordinated debt

On 24 April, the European Commission has sent to Member States for consultation a further draft proposal to clarify one aspect of the State aid Temporary Framework adopted on 19 March 2020 to support the economy in the context of the coronavirus outbreak, as first amended on 3 April 2020. The Commission is preparing a […]

Coronavirus: EU mobilises further help for Western Balkans

Following a request for assistance from Albania via the EU Civil Protection Mechanism in the fight against the coronavirus pandemic, Austria has offered gloves and hand disinfectant. The EU is coordinating and co-financing the delivery of the aid shipments to Albania. Janez Lenarčič, Commissioner for Crisis Management, said: “I am glad to see further European […]

Coronavirus: EU Commission Statement on consulting Member States on proposal to further expand State aid Temporary Framework to recapitalisation measures

The European Commission has sent to Member States for consultation a draft proposal to further extend the scope of the State aid Temporary Framework adopted on 19 March 2020 to support the economy in the context of the coronavirus outbreak. The Temporary Framework was first amended on 3 April 2020, which increased possibilities for public […]

State aid: EU 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 2020” and “Bundesregelung Darlehen 2020”) to be in line with EU State aid rules. The amendment schemes were approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as […]