European Commission adopts Temporary Framework on State aid rules

Mar 23, 2020

 

The European Commission has adopted a Temporary Framework to enable Member States to use the full flexibility foreseen under State aid rules to support the economy, in the context of the COVID-19 outbreak. Together with many other support measures that can be used by Member States under the existing State aid rules,  the Temporary Framework enables Member States to ensure that sufficient liquidity remains available to businesses of all types and to preserve the continuity of economic activity during and after the COVID-19 outbreak. For more information read the full Press Release here