The UK government introduced into Parliament a wholesale change to its State aid rules under the new Subsidy Control Bill on 30 June 2021 (the “Bill”). The regime, which is set to come into effect in H1 2022, subject to...more
- 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
- 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
4/3/2020
/ Coronavirus/COVID-19 ,
EU ,
European Commission ,
Financial Stimulus ,
Germany ,
Liquidity ,
Member State ,
State Aid ,
Subsidies ,
Tax Deferral ,
UK