The Commission will approve State aid for COVID-19 and other antiviral R&D to address the current health crisis. The European Commission prepared a temporary framework to fast-track state aid approval as a response to the coronavirus (COVID-19), last used in the aftermath of the financial crisis in 2008. On the 12 June 2020, the European Commission sent a draft proposal to Member States, purporting to further extend the scope of the State Aid Temporary Framework (the 'Framework') that was initially put into effect on the 19 March 2020, for feedback.
The Temporary Framework is based on article 107(3)(b) of the Treaty on the Functioning of the … Commission publishes State aid Temporary Framework to support the economy in the context of the COVID-19 outbreakby Practical Law CompetitionRelated ContentOn 19 March 2020, the Commission adopted a State aid Temporary Framework to support the economy in the context of the COVID-19 outbreak, based on Article 107(3)(b) of the TFEU.Contact usOur Subscriber Services Phone:(416) 609 …
Current assisted areas map now remains in force until 30 June 2014 … The European Commission has sent to Member States for consultation a draft proposal for a State Aid Temporary Framework to support the economy in the context of the COVID-19 outbreak, based on Article 107(3)(b) TFEU to remedy a serious disturbance across the EU economy.. The State aid Temporary Framework is based on Article 107(3)(b) of the EU Treaty (TFEU) to remedy a "serious disturbance in the economy of a Member State". New types of aid covered by Temporary Framework. Previous article The EU Commission takes an important step to facilitate State aid due to the COVID-19 crisis by adopting a temporary framework Next article The EU Commission adopts a Temporary Framework for the assessment of State aid granted to assist firms from entering into difficulties due to the COVID-19 outbreak article The EU Commission takes an State Aid beginners guide has been replaced with State Aid: the basics guide. A New Temporary State aid Framework to Fight the Effects of the Corona Virus. The European Commission on 19 March adopted a Temporary Framework for State Aid to support the economy in the context of the COVID-19 outbreak, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union, which enables the Commission to approve national support measures to remedy a serious disturbance to the economy of European Union member states.
Member States will be allowed to provide grants, guarantees and loans to companies to alleviate the effects of the corona virus. On 19 March 2020, the European Commission adopted a Temporary Framework to enable EU Member States to adopt financial aid measures to support their economies in the context of the COVID-19 outbreak (the ‘Temporary Framework’), without these measures constituting prohibited state aid.