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Hotly Anticipated Extension of EU State Aid Framework to Recapitalizations and Subordinated Debt

- EC extends the Temporary State Aid Framework to allow member states to provide recapitalizations to companies adversely affected by the COVID-19 crisis, including airlines, retailers and firms active in hospitality, leisure...more

Expanded EU State Aid Framework Yields U.K. & German Stimulus Programs

- Extension of the existing State aid scheme would enable support for research, testing and production of products to tackle COVID-19. - It would also allow tax payment deferrals and wage subsidies to help avoid...more

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