The first State aid measures authorized by the European Commission (Commission) following the COVID-19 outbreak were aimed at helping companies to cover their immediate liquidity needs, mainly through bank loans guaranteed by...more
The COVID-19 pandemic has hit the European economy with brute force. Many businesses are facing drastic declines in revenues and are in urgent need of liquidity. Some have imposed temporary lay-offs or even face insolvency. ...more
3/23/2020
/ Coronavirus/COVID-19 ,
EU ,
European Commission ,
France ,
Germany ,
Insolvency ,
Italy ,
Layoffs ,
Liquidity ,
Spain ,
State Aid ,
UK
European Commission approves first State aid measure in relation to the COVID-19 outbreak and announces a flexible application of State aid rules to stabilize the economy Probably everyone would agree that the COVID-19...more