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Tag: sector

State aid: EU Commission approves €50 million Lithuanian measures in support of companies operating in the travel sector affected by the coronavirus outbreak

The European Commission approved two Lithuanian measures, with an estimated total budget of €50 million, to support travel agencies, tour operators, accommodation and catering businesses which were affected by the measures adopted by the Lithuanian authorities to face the coronavirus health emergency. The measures were approved under the State aid Temporary Framework adopted by the […]

EIB approves € 7.5 billion for COVID-19 response and investment in health, private sector, clean transport, education and energy

©VK Studio/Architectenbureau Robbrecht & Daem € 3.2 billion for COVID-19 public health, elderly care and targeted business support € 1.5 billon for clean transport, including electric vehicle, high speed rail and public transport Additional backing for higher education, renewable energy and urban development € 1.9 billion for health and private sector investment outside Europe The […]

State aid: EU Commission approves €9 million Polish scheme to support companies active in the primary agricultural sector affected by coronavirus outbreak

The European Commission has approved a PLN 40 million (approximately €9 million) Polish scheme to support companies active in the primary agricultural sector affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020 and 8 May […]

Coronavirus Response: EU Launch of dialogue with financial sector representatives to support citizens and businesses

The European Commission has today launched its first roundtable meeting with the European financial sector, including consumer and business representatives, to explore how it can develop best practices to support EU citizens and businesses. As announced in the Commission’s Banking Package on 28 April 2020, this meeting marks the beginning of a dialogue with the […]

State aid: EU Commission approves €12 million Italian scheme to support companies active in the agricultural sector affected by coronavirus outbreak

The European Commission has approved a €12 million Italian scheme to support companies active in the agricultural sector affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020 and 8 May 2020. The support will take […]

State aid: EU Commission approves €1.5 million Latvian scheme to support companies active in the agricultural sector affected by coronavirus outbreak

The European Commission has approved a €1.5 million Latvian scheme to support companies active in the primary agricultural production sector affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April and 8 May 2020. The scheme will […]

State aid: EU Commission approves €650 million Dutch scheme to compensate companies in the floriculture, specialty horticulture and potato sectors for damage caused by coronavirus outbreak

The European Commission has found a €650 million Dutch scheme that compensates companies in the floriculture, specialty horticulture and potato sectors for the loss of revenue or additional costs related to the collapse in demand for their products to be in line with EU State aid rules. Executive Vice-President Margrethe Vestager, in charge of competition […]

Coronavirus: Commission adopts package of measures to further support the agri-food sector

The Commission published today the latest package of exceptional measures to further support the agricultural and food sectors most affected by the coronavirus crisis. The exceptional measures (announced on 22 April) include private storage aid for the dairy and meat sectors, the temporary authorisation to self-organise market measures by operators in hard hit sectors, and […]

Coronavirus: EU Commission proposes measures to provide relief and flexibility to the transport sector

The Commission today adopted a package of measures to support companies in the aviation, rail, maritime and road sectors to deal with the consequences of the coronavirus outbreak. They will ease the regulatory burden and reduce costs for transport companies and may be followed by more proposals in the coming weeks. Commissioner for Transport Adina […]

Coronavirus: EU energy sector is well prepared and ready to contribute to economic recovery

Yesterday, EU Energy Ministers, together with the Commissioner for Energy, Kadri Simson, discussed the preparedness of the energy sector in response to the COVID-19 crisis and its potential to contribute to economic recovery programmes. They concluded that the European energy system is resilient and that there is currently no risk to supply disruption. Following the […]

Coronavirus: EU supports the recovery of the tourism sector

The Commission is supporting Member States as they deal with the impact of the coronavirus on the tourism sector. At a videoconference yesterday, EU Ministers discussed the implications of the coronavirus outbreak on the tourism industry, mitigating measures and the recovery strategy for the tourism ecosystem, which is one of the most damaged by the […]

Coronavirus: EU supports Member States dealing with the impact of the pandemic on the sport sector

The Commission is supporting EU Member States as they deal with the substantial impact of the coronavirus pandemic on the sport sector. At a videoconference on 21 April 2020, EU Sport Ministers shared information on their actions to help athletes, clubs, sport federations and organisations, support jobs in the sectorand promote physical activity in general […]

Coronavirus: EU Commission announces exceptional measures to support the agri-food sector

The Commission is taking swift action and proposes additional exceptional measures to further support agricultural and food markets most affected. The EU agri-food sector is showing resilience in these unprecedented times, following the outbreak of the coronavirus. Still, some markets have been hit hard by the consequences of this public health crisis. Today’s package includes […]

State aid: EU Commission approves €4 million Croatian direct grant scheme to support fishery and aquaculture sector in coronavirus outbreak

The European Commission has approved an HRK 30 million (approximately €4 million) Croatian scheme to support the fishery and aquaculture sector in Croatia in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. The […]

State aid: EU Commission approves €20 million Portuguese credit line scheme to support fishery and aquaculture sector in coronavirus outbreak

The European Commission has approved a Portuguese scheme to support the Portuguese fishery and aquaculture sector in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. The public support will consist in the provision […]

Coronavirus: €2.7 billion from the EU budget to support the EU healthcare sector

The European Commission proposed to activate the European Union’s Emergency Support Instrument on 2 April to directly support the healthcare systems of the EU countries in their fight against the coronavirus pandemic. Today, the Council gave its fast approval, so that the €2.7 billion instrumentcan immediately begin providing direct support where most needed. The instrument […]