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This article is brought to you in association with the European Commission. The European Commission has approved a Greek scheme to support the uncovered fixed costs of companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework and has an estimated budget of up to €500 million. Executive Vice-President Margrethe […]
This article is brought to you in association with the European Commission. The European Commission has approved a €1 billion Cypriot scheme to support enterprises and self-employed individuals in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €1 billion […]
This article is brought to you in association with the European Commission. The European Commission has approved a €2.5 billion Italian scheme to support self-employed individuals and certain healthcare professionals in the context of the coronavirus outbreak, by partially exempting them from social security contributions. The scheme was approved under the State aid Temporary Framework. Executive […]
This article is brought to you in association with the European Commission. The European Commission has found a €10 billion German scheme to compensate companies for damages related to the coronavirus outbreak to be in line with EU State aid rules. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €10 billion scheme enables […]
This article is brought to you in association with the European Commission. The European Commission has approved a Czech scheme worth €1.9 billion to support the uncovered fixed costs of companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: […]
This article is brought to you in association with the European Commission. The European Commission has found a €462 million Portuguese support measure in favour of Transportes Aéreos Portugueses, S.A. (“TAP”) to be in line with EU State aid rules. The measure aims at compensating the airline for the damage suffered due to the coronavirus outbreak […]
This article is brought to you in association with the European Commission. The European Commission has approved a €400 million Dutch loan scheme to support companies providing package travel and linked travel arrangements in the context of the coronavirus outbreak (so called ”Voucherfonds”). The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe […]
This article is brought to you in association with the European Commission. The European Commission has approved a €1.1 billion (PLN 5 billion) Polish scheme to support companies in various sectors affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: […]
This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, €511 million in Italian support to compensate providers of commercial, long-distance rail passenger services for the damage suffered between 8 March and 30 June 2020 due to the coronavirus outbreak and the restrictive measures […]
This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a Dutch scheme of around €1.5 billion to compensate companies providing regional and long-distance public passenger transport services in the Netherlands for the damage suffered due to the coronavirus outbreak and the emergency containment […]
This article is brought to you in association with the European Commission. The European Commission has approved a German aid scheme to support airports in the context of the coronavirus outbreak. The scheme was approved partially based on Article 107(2)(b) of the Treaty on the Functioning of the European Union (TFEU) and partially under the State […]
This article is brought to you in association with the European Commission. The European Commission has found an Austrian €150 million subordinated loan (convertible into a grant) in favour of Austrian Airlines AG to be in line with EU State aid rules. The measure aims at partly compensating the airline for the damages suffered due to […]
This article is brought to you in association with the European Commission. The European Commission has approved a €30 billion French subordinated loan scheme to support companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “The €30 billion French […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Evan Fraser, Director of the Arrell Food Institute at the University of Guelph; Professor; Tier 1 Canada Research Chair in Global Food Security, University of Guelph & Lenore Newman. Director, Food and Agriculture Institute at the University of […]
This article is brought to you in association with the European Commission. The European Commission has approved a Belgian scheme deferring the payment by Walloon airports of concession feesto mitigate the economic impact of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as […]
This article is brought to you in association with the European Commission. The European Commission has approved two separate UK State aid schemes to support small and medium-sized enterprises (SMEs) in the context of the coronavirus outbreak. The schemes were approved under the State aid Temporary Framework to support the economy in the context of the […]
This article is brought to you in association with the European Commission. The European Commission has approved a €50 million Italian aid scheme to support the production and supply of medical devices, such as ventilators, and personal protection equipment, such as masks, goggles, gowns, and safety suits. The scheme will help Italy provide the necessary medical […]
This article is brought to you in association with the European Commission. The European Commission has found four Portuguese guarantee schemes for small and medium-sized enterprises (SMEs) and midcaps affected by the Coronavirus outbreak to be in line with EU State aid rules. The schemes, with a total budget of €3 billion, were approved under the […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Natalie Pierce, Interactions and Programming Lead, Global Shapers Community, Foundations, World Economic Forum As the novel coronavirus (COVID-19) spreads around the world, Global Shapers are stepping up and taking action in more than 50 countries. Global Shapers, a […]
This article is brought to you in association with the European Commission. The European Commission is working on all fronts to support efforts to tackle the COVID-19 outbreak. This includes ongoing coordination with Member States to share information, assess needs and ensure a coherent EU-wide response. The Commission is also funding research, offering support through the […]
Finally, some good news about the new coronavirus pneumonia outbreak (COVID-19). According to Reuters, China’s National Health Commission reported a substantial drop of 77% in new coronavirus cases last week, as the number of new cases in China dropped last Wednesday to 394 from 1,749 on the previous day. According to CNN’s most recent report, […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content More than 17,000 people worldwide are infected with the novel coronavirus. There have been more deaths in mainland China than during the SARS outbreak. The World Health Organization has stepped up the […]
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