Coronavirus: The new temporary framework for state aid

The European Commission has just announced a new state aid temporary framework to support the economy in the context of the COVID-19 outbreak. This new framework will remain in force until 31 December 2020.

Among other, the rules on providing aid to companies in the form of grants, repayable advance payments, tax advantages, loan guarantees, and interest rate subsidies have been made more flexible.

This briefing discuss the measures and how they can be implemented.