In the week following the adoption of the Temporary Framework
for EU State aid measures to counter the economic impact of the
COVID-19 pandemic on March 19, 2020,1 the European
Commission (the 'EC') has approved
twenty-one
State aid schemes notified by EU Member States and the
United Kingdom ('the UK'), expecting this
"just to be the beginning,"2 of what
may be necessary to remedy the economic effects of the Coronavirus
outbreak.
The background on the EC's initial response to the outbreak
and its adoption of the Temporary Framework were previously summarized in our prior client alert.
In addition to the Temporary Framework, the traditional State aid
tools are still available for use by Member States.
