The fourth amendment extends and modifies the framework to support companies affected by COVID-19.
On 13 October 2020, the European Commission (Commission) published a fourth amendment to the Temporary Framework for State...more
While the COVID-19 outbreak is a severe public health emergency for citizens and societies, it also poses the risk of a serious downturn in the economy, affecting businesses, jobs, and households.
In these exceptional...more
Austria has reportedly agreed to grant to Austrian Airlines €600 million to secure its future operation as a network carrier in Vienna. The aid consists of a 90% state-guaranteed loan (€300 million) and a direct grant (€150...more
The second amendment allows EU Member States to provide State aid in the form of recapitalisations and subordinated debt to companies affected by COVID-19.
On 8 May 2020, the European Commission (Commission) adopted a...more