Menu +

Tag: support

State aid: EU Commission approves modified €288 million Hungarian scheme to support companies affected by coronavirus outbreak

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 […]

State aid: EU Commission approves €4 billion Slovak direct grant and guarantee schemes to support companies affected by coronavirus outbreak

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 […]

State aid: EU Commission approves €5 billion French “umbrella” scheme to support research

… 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 […]

State aid: EU Commission approves € 1.6 billion Polish scheme to compensate companies for damages suffered due to coronavirus outbreak and provide liquidity support

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 […]

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 […]

EU signs new pre-accession support package with Serbia worth more than €70 million

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 […]

State aid: EU Commission approves €600 million Finnish guarantee scheme to support maritime companies affected by the coronavirus outbreak

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 […]

State aid: EU Commission approves €4 million Estonian rent compensation scheme to support businesses affected by coronavirus outbreak

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 […]

State aid: Commission approves Lithuanian fund to enable up to €1 billion of liquidity and capital …

…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 […]

State aid: EU Commission approves €156 million Hungarian scheme to support companies affected by coronavirus outbreak

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 […]

State aid: EU Commission approves €9 billion Italian “umbrella” scheme to support economy in coronavirus outbreak

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 […]

State aid: EU Commission approves €550 million Danish scheme to support electricity production from biomass installations

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 […]

Coronavirus global response: EU provides humanitarian support in Horn of Africa region

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 […]

EU Commission invites comments on updated proposal on simplified rules for State aid combined with EU support

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 […]

State aid: EU Commission expands Temporary Framework to recapitalisation and subordinated debt measures to further support the economy in the context of the coronavirus outbreak *

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 […]

State aid: EU Commission approves French plans to provide €7 billion in urgent liquidity support to Air France

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 […]

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 […]

State aid: EU Commission approves modification of Greek guarantee measure to support companies affected by the coronavirus outbreak

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 […]

State aid: EU Commission approves €101.5 million Lithuanian rent compensation scheme to support sectors affected by coronavirus outbreak

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 […]

117 solutions selected at European Hackathon to support recovery from the coronavirus outbreak

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 […]

EU announces €194 million additional support to the Sahel

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 […]

Western Balkans’ leaders meeting: EU reinforces support to address COVID-19 crisis and outlines proposal for post-pandemic recovery

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 […]

Next Page »