15 May 2020 1 minute read
The Covid-19 coronavirus is both a serious health emergency and a threat to the global economy and creates an unprecedented challenge for the application of EU State aid rules. In response, the European Commission has adopted a temporary framework for State aid measures to support the economy in the Covid-19 coronavirus outbreak.
The temporary framework applies until the end of the 2020 calendar year and provides guidance on what aid measures may be taken to remedy a serious disturbance in the economy of an EU Member State because of Covid-19. The Temporary Framework is shortly to be extended to cover additional aid measures, and it is possible that further refinements/additions may be made to it as the situation develops. Meanwhile, the Commission is acting extremely swiftly to help ensure that national support schemes are put into place as quickly as possible, in some cases approving aid within a day or two of notification.
We have created an overview that explains the temporary framework's current scope:
Covid-19 coronavirus: Overview of EU State aid response
We are closely monitoring the Commission's decisions approving aid measures under the Temporary Framework. Please get in touch with Yvo de Vries if you would like to discuss this further.
Click here for an overview of the State aid decisions adopted by the EC. Except where indicated otherwise, each of these decisions has been adopted under the Temporary Framework. The table will be updated regularly to track the situation as it evolves.
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