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European Commission Announces Third Amendment to Expand Temporary State Aid Framework in Response to COVID-19

02 July 2020

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Approved Changes

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European Union

The European Commission announced on 29 June the adoption of the third amendment of State aid Temporary Framework for COVID-19 in order to further support micro, small, and start-up companies and incentivise private investments. --- State aid: Commission expands Temporary Framework to further support micro, small and start-up companies and incentivise private investments The European Commission has adopted a third amendment to 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 to increase possibilities...