Share on LinkedInShare on LinkedIn

ARTICLE · 16 APRIL 2020

COVID-19 National State Aid Measures Adopted

Camilleri Preziosi
Camilleri Preziosi
Contributor
Camilleri Preziosi

Camilleri Preziosi

Camilleri Preziosi shares a commitment to deliver considered and practical outcomes and add value...

View firm profile
Explore more from Camilleri Preziosi

Member States are able to introduce national state aid schemes that mitigate the negative effects of the COVID-19 pandemic by utilizing Articles 107(2)(b) and 107(3)(b) (particularly through the...

European UnionCoronavirus (COVID-19)

Member States are able to introduce national state aid schemes that mitigate the negative effects of the COVID-19 pandemic by utilizing Articles 107(2)(b) and 107(3)(b) (particularly through the Temporary Framework adopted by the European Commission on 19 March 2020) of the Treaty on the Functioning of the European Union (TFEU).

Denmark was the first state to adopt a national aid scheme under the TFEU Article 107(2)(b) and was approved by the European Commission within a mere 24 hours. The scheme is intended to compensate for the damage caused for cancellations of large public events as a result of COVID-19 concerns.

Other Member States have followed suit adopting their own national state aid measures which so far amount to a total of 14 such measures. The Commission has considered these measures compatible under the aforementioned TFEU Articles relating to aid to remedy a serious disturbance in the economy of a Member State. These Member States include Italy,

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from