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ARTICLE · 02 DECEMBER 2020

COVID-19 Key EU Developments, Policy & Regulatory Update No. 26

Jones Day
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Since the onset of the coronavirus outbreak, the European Commission has adopted a significant number of State aid measures under Article 107(2)b, Article 107(3)b and under the Temporary Framework.

European UnionCoronavirus (COVID-19)
Kaarli H. Eichhorn
Kaarli H. Eichhorn
Cristiana Spontoni
Cristiana Spontoni
Jörg Hladjk
Jörg Hladjk
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COMPETITION & STATE AID

State Aid

EU approves new and amended Member State measures to support the economy (see here)

Since the onset of the coronavirus outbreak, the European Commission has adopted a significant number of State aid measures under Article 107(2)b, Article 107(3)b and under the Temporary Framework.

The most recent measures adopted to support the economy and companies affected by coronavirus outbreak include:

  • ?39.6 million Greek scheme to support certain vegetable producers affected by the coronavirus outbreak
  • ?450 million Greek scheme to support companies active in certain sectors affected by the coronavirus outbreak
  • ?9.35 million Portuguese employment aid scheme to preserve jobs on the Azores Islands during the coronavirus outbreak

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