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European Commission Expands State Aid Framework in Response to COVID-19

11 May 2020

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Approved Changes

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European Union

The European Commission has announced the adoption of a second amendment to further expand the State aid Temporary Framework adopted on 19 March 2020 to support the economy in the context of the COVID-19 outbreak. --- State aid: Commission expands Temporary Framework to recapitalisation and subordinated debt measures to further support the economy in the context of the coronavirus outbreak 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...