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This article is brought to you in association with the European Commission. The European Commission has approved under EU State aid rules, an approximately €1.74 billion (DKK 13 billion) Danish scheme to compensate mink farmers and mink-related businesses for measures taken in the context of the coronavirus outbreak. This follows the receipt of a complete notification […]
This article is brought to you in association with the European Commission. The European Commission has approved French plans to grant up to €4 billion for the recapitalisation of Air France through its Holding company. The measure was approved under the State aid Temporary Framework. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “France […]
This article is brought to you in association with the European Commission. The European Commission has decided to refer the United Kingdom to the Court of Justice of the European Union for failing to fully recover illegal State aid of up to around €100 million, granted as a tax exemption for passive interest and royalties in […]
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, Slovak plans to support the production of electricity from high-efficient cogeneration installations connected to district heating networks in Slovakia. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This over €1 billion Slovak […]
This article is brought to you in association with the European Commission. The European Commission has approved, under EU State Aid rules, Romanian plans to support the upgrade of the district heating system of the municipality of Bucharest. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €254 million aid measure, funded thanks to […]
This article is brought to you in association with the European Commission. The European Commission has approved an approximately €1.4 billion (SEK 14 billion) Swedish scheme 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 […]
This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a €300 million Austrian scheme for package travel organisers and facilitators of linked travel services in the context of the coronavirus outbreak. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “The package […]
This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, €325 million of public support to connect 12,000 schools in Italy to very high-speed internet. The schools that will benefit from the measure are located in areas with insufficient connectivity in Italy, in line […]
This article is brought to you in association with the European Commission. The European Commission has approved German plans to contribute up to €1.25 billion to the recapitalisation of TUI AG (TUI), the parent company of the TUI Group, as part of a wider support package. The measure was approved under the State aid Temporary Framework. […]
This article is brought to you in association with the European Commission. The European Commission has approved two Polish measures, for a total of about €650 million (approximately PLN 2.9 billion), to support the airline LOT in the context of the coronavirus outbreak. The aid measures consists of a €400 million (approximately PLN 1.8 billion) subsidised […]
This article is brought to you in association with the European Commission. The European Commission has launched a public consultation inviting Member States and other stakeholders to provide their views and comments on the existing EU State aid rules on public support for the deployment of broadband networks. The public consultation is part of an overall […]
This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a German State guarantee scheme worth €840 million to cover vouchers issued by travel operators for cancelled travel packages booked prior to 8 March 2020. This scheme is in line with the objectives pursued […]
This article is brought to you in association with the European Commission. The European Commission has approved three Italian schemes, with an overall budget of €6 billion, mainly consisting of incentives to the recapitalisation by private investors of small and medium-sized enterprises (‘SMEs’) affected by the coronavirus outbreak. The three schemes were approved directly under Article […]
This article is brought to you in association with the European Commission. The European Commission has approved Spanish plans to set up a fund (Solvency Support Fund) with a budget of €10 billion that will invest through debt and equity instruments in companies active in Spain affected by the coronavirus outbreak. The scheme was approved under […]
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 in association with the European Commission. The European Commission has approved German plans to contribute €6 billion to the recapitalisation of Deutsche Lufthansa AG (DLH), the parent company of Lufthansa Group. The measure 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 Finnish plans to contribute to the recapitalisation of Finnair through the subscription of new shares by the State in the rights issue launched by Finnair on 10 June 2020 in the context of the coronavirus outbreak. Executive Vice President […]
This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, an approximately €1.6 billion (PLN 7.5 billion) Polish scheme that partially compensates large enterprises and certain small and medium-sized enterprises (SMEs) for the losses suffered due to the coronavirus outbreak and provides them with […]
This article is brought to you in association with the European Commission. The European Commission has approved a €9 billion Italian “umbrella” scheme to support the Italian economy in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 […]
This article is brought to you in association with the European Commission. The European Commission has approved a €500 million Greek scheme to support self-employed individuals, including self-employed managers of small companies in sectors affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March […]
This article is brought to you in association with the European Commission. The European Commission has approved a €1 billion Greek aid scheme to support companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. Executive […]
This article is brought to you in association with the European Commission. The European Commission has found a Danish State loan facility of up to DKK 1.5 billion (approx. €200 million) in support of the Travel Guarantee Fund (“Rejsegarantifonden”) to be in line with EU State aid rules. The loan was approved under the State aid […]
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 concluded that the public financing model of the Fehmarn Belt coast-to-coast infrastructure between Denmark and Germany is in line with EU State aid rules. Executive Vice-President Margrethe Vestager, in charge of competition policy said: “The Fehmarn Belt fixed link will […]
This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, Romania’s plans to grant a temporary loan of approximately €36.7 million (around RON 176 million) to the state-owned flag carrier TAROM. The measure will contribute to ensuring the orderly continuation of air transport services, […]
This article is brought to you in association with the European Commission. The European Commission has found Romanian plans to support the creation of a network of recharging stations for electric vehicles to be in line with EU State aid rules. The measure will contribute to reducing CO2 and other pollutant emissions without unduly distorting competition […]
This article is brought to you in association with the European Commission. The European Commission has approved under EU State aid rules an Important Project of Common European interest (“IPCEI”) jointly notified by Belgium, Finland, France, Germany, Italy, Poland and Sweden to support research and innovation in the common European priority area of batteries. The seven […]
This article is brought to you in association with the European Commission. The European Commission has found Germany’s plans to strengthen the capital position of state-owned Norddeutsche Landesbank – Girozentrale (NordLB) to be free of any State aid. The measures involve a direct investment of €2.8 billion as well as investments to carry out the necessary […]
This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, Bulgarian plans to support the construction and operation of a high-efficient cogeneration plant to produce heat and electricity using fuel derived from unrecyclable municipal waste to be in line with EU State aid rules. […]
This article is brought to you in association with the European Commission. The European Commission has found Greek plans aimed at supporting the reduction of non-performing loans of Greek banks to be free of any State aid. The Commission found that, under the asset protection scheme (known by the name of “Hercules”), the Greek State will […]
This article is brought to you in association with the European Commission. The European Commission has found support to six large offshore wind farms in French territorial waters to be in line with EU State aid rules. The measures will help France reduce CO2 emissions, in line with EU energy and climate goals, without unduly distorting […]
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