On October 13, the Commission extended and expanded for the
fourth time the scope of the State aid Temporary Framework to
support the economy in the context of the COVID-19 outbreak (the
"TF").1
Based on this amendment, all TF provisions are extended until
June 30, 2021 while the section on recapitalization support is
prolonged until September 30, 2021. Further to this
extension, the amendment expands the Commission's current State
aid toolbox with a new possibility of support for companies with
uncovered fixed costs, as well as amending existing rules to
facilitate State exit from the capital of companies that had been
recapitalized following the COVID-19 outbreak. The amendment
also provides for an extension of the temporary removal of all
countries from the list of "marketable risk" countries,
for the purpose of State export credit insurance until June 30,
2021.
