Member States will be allowed to provide grants, guarantees and loans to companies to alleviate the effects of the corona virus. On 19 March 2020, the European Commission adopted a Temporary Framework to enable EU Member States to adopt financial aid measures to support their economies in the context of the COVID-19 outbreak (the ‘Temporary Framework’), without these measures constituting prohibited state aid. The Temporary Framework is based on article 107(3)(b) of the Treaty on the Functioning of the … The European Commission has sent to Member States for consultation a draft proposal for a State Aid Temporary Framework to support the economy in the context of the COVID-19 outbreak, based on Article 107(3)(b) TFEU to remedy a serious disturbance across the EU economy..

Current assisted areas map now remains in force until 30 June 2014 … The State aid Temporary Framework is based on Article 107(3)(b) of the EU Treaty (TFEU) to remedy a "serious disturbance in the economy of a Member State". The European Commission prepared a temporary framework to fast-track state aid approval as a response to the coronavirus (COVID-19), last used in the aftermath of the financial crisis in 2008. This article was written by Dr Michael Psaila and Dr Laura Spiteri. On the 12 June 2020, the European Commission sent a draft proposal to Member States, purporting to further extend the scope of the State Aid Temporary Framework (the 'Framework') that was initially put into effect on the 19 March 2020, for feedback. State Aid beginners guide has been replaced with State Aid: the basics guide. Previous article The EU Commission takes an important step to facilitate State aid due to the COVID-19 crisis by adopting a temporary framework Next article The EU Commission adopts a Temporary Framework for the assessment of State aid granted to assist firms from entering into difficulties due to the COVID-19 outbreak article The EU Commission takes an A New Temporary State aid Framework to Fight the Effects of the Corona Virus. The European Commission on 19 March adopted a Temporary Framework for State Aid to support the economy in the context of the COVID-19 outbreak, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union, which enables the Commission to approve national support measures to remedy a serious disturbance to the economy of European Union member states. COVID-19 relevant R&D. New types of aid covered by Temporary Framework. On 3 April 2020, the European Commission adopted an amendment (the “Amendment”) extending the Temporary Framework for State aid measures to support the economy during the COVID-19 outbreak (The “Temporary Framework”) (See our previous post on the Temporary Framework here).The Amendment aims in particular to facilitate the grant of aid for the research, testing and … Commission publishes State aid Temporary Framework to support the economy in the context of the COVID-19 outbreakby Practical Law CompetitionRelated ContentOn 19 March 2020, the Commission adopted a State aid Temporary Framework to support the economy in the context of the COVID-19 outbreak, based on Article 107(3)(b) of the TFEU.Contact usOur Subscriber Services Phone:(416) 609 … COVID-19 and the temporary framework; Transparency requirements; Services of General Economic Interest (SGEI) ... Overview About state aid. The Commission extends the scope of the Temporary Framework by introducing five aid measures to combat the effects of COVID-19 more effectively. The Commission will approve State aid for COVID-19 and other antiviral R&D to address the current health crisis.