The European Commission has found the modification of a previously approved Hungarian scheme to support the Hungarian economy in the context of the coronavirus outbreak to be in line with EU State aid rules, in particular with the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April […]
The European Commission has approved three Slovak aid schemes, with an overall budget of €4 billion, to support companies affected by the coronavirus outbreak. The measures were 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 support will take […]
As part of the EU’s global coronavirus response, an EU Humanitarian Air Bridge flight will depart on 15June from Maastricht, Netherlands, to Kabul, Afghanistan. The flight will deliver 100 tonnes of life-saving materials to supply EU-funded humanitarian partners. The flight is fully EU funded and is part of ongoing Air Bridge flights to critical areas […]
The European Commission has approved, under EU State aid rules, Portugal’s plans to grant a €1.2 billion rescue loan in favour of Transportes Aéreos Portugueses SGPS S.A. (“TAP”). On 9 June 2020, Portugal notified the Commission of its intention to grant a €1.2 billion rescue loan to TAP. The measure aims at providing TAP with […]
… development, testing infrastructures and production of coronavirus relevant products The European Commission has approved a €5 billion French “umbrella” scheme to support research and development, testing and upscaling infrastructures and production of coronavirus relevant products. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as […]
The European Commission has approved, under EU State aid rules, an approximately €1.6 billion (PLN 7.5 billion) Polish scheme that partially compensates large enterprises and certain small and medium-sized enterprises (SMEs) for the losses suffered due to the coronavirus outbreak and provides them with direct liquidity through loans. The scheme, which will be managed by […]
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 […]
Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi, together with President of Serbia Aleksandar Vučić participated today in the virtual signing ceremony of a €70.2 million assistance programme by Serbian Minister of European integration Jadranka Joksimović and EU Head of Delegation to Serbia Sem Fabrizi. This programme is the first envelope of the EU’s Instrument for […]
The European Commission has approved a €600 million Finnish aid scheme to support the maritime companies 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 and 8 May 2020. Under the scheme, the public […]
The European Commission approved a €4 million Estonian scheme to support businesses renting premises in shopping centres,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 and 8 May 2020. The public support, which […]
…support to medium-sized and large enterprises affected by the coronavirus outbreak The European Commission has approved Lithuanian plans to set up a fund with a target size of up to €1 billion that will invest through debt and equity instruments in medium-sized and large enterprises active in Lithuania affected by the coronavirus outbreak. The scheme […]
The European Commission has approved a Hungarian scheme, with an estimated budget of HUF 57 billion (approximately €156 million),to support the Hungarian economy 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 and 8 […]
The European Commission has approved a €9 billion Italian “umbrella” scheme to support the Italian economy 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 and 8 May 2020. Executive Vice-President Margrethe Vestager, in […]
The European Commission has approved a DKK 4,150 million (approximately €550 million) State aid scheme to support the production of electricity in existing and depreciated biomass installations in Denmark. The installations benefitting from the scheme will receive support in the form of a premium covering the additional operating costs of producing electricity from biomass compared […]
The Commission is providing an additional €105.5 million to countries in the Horn of Africa as the coronavirus pandemic risks worsening the humanitarian situation across the region where many continue to suffer from armed conflict, displacement, and recurrent droughts and floods. Furthermore, a large-scale infestation of locusts threatens food security and livelihoods of many vulnerable […]
The European Commission is inviting Member States and other stakeholders to comment on its updated proposal to exempt from prior Commission scrutiny under EU State aid rules aid granted through national funds for projects supported under certain EU centrally managed programmes. Member States have already been consulted on an earlier draft proposal. Executive Vice-President Margrethe […]
The Commission welcomes the Eurogroup’s agreement on the establishment of the Pandemic Crisis Support instrument of the European Stability Mechanism (ESM) reached at its videoconference on Friday, 8 May 2020. The instrument will be available to all euro area Member States, for amounts of 2% of the respective Member’s GDP, to support domestic financing of […]
updated on 8/05/2020, 20h25 with a new paragraph The European Commission has adopted a second amendment to extend the scope of the State aid Temporary Framework adopted on 19 March 2020 to enable Member States to support the economy in the context of the coronavirus outbreak. This follows a first amendment adopted on 3 April […]
The European Commission has approved, under EU State aid rules, a €7 billion French aid measure consisting of a State guarantee on loans and a shareholder loan to Air France to provide urgent liquidity to the company in the context of the coronavirus outbreak. The measures were approved under the State aid Temporary Framework adopted […]
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 […]
The European Commission has approved Greece’s modification of a previously approved guarantee scheme to support companies affected by the coronavirus outbreak, extending its scope and increasing its budget to €2.25 billion. The support measures available under the scheme will be co-financed by EU structural funds (ESIF). The existing scheme was initially approved on 3 April […]
The European Commission has approved a Lithuanian €101.5 million rent compensation scheme to support tenants operating in certain sectors, including retail, hotels, restaurants, culture and sports. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. Executive Vice-President Margrethe Vestager, in […]
A total of 117 innovative solutions to support recovery from the coronavirus outbreak have been selected as winners of the #EUvsVirus Hackathon that took place last weekend,under the patronage of Mariya Gabriel, Commissioner for Innovation, Research, Culture, Education and Youth. The winning solutions of the hackathon, which was led by the European Innovation Council in […]
The President of the European Commission Ursula von der Leyen and the High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the European Commission Josep Borrell participated in the EU-G5 Sahel videoconference. The videoconference provided an opportunity to reaffirm the EU’s support to the region, including in facing the coronavirus […]
Today, the European Commission is announcing over €3.3 billion of EU financial support mobilised jointly with the European Investment Bank to the benefit of the Western Balkans’ citizens. This package aims to address the immediate health and resulting humanitarian needs of the COVID-19 pandemic as well as help with the social and economic recovery. In […]
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