The fourth amendment extends and modifies the framework to support companies affected by COVID-19.
On 13 October 2020, the European Commission (Commission) published a fourth amendment to the Temporary Framework for State...more
Austria has reportedly agreed to grant to Austrian Airlines €600 million to secure its future operation as a network carrier in Vienna. The aid consists of a 90% state-guaranteed loan (€300 million) and a direct grant (€150...more
von Rainer Wilke, Dr, Harald Selzner, Frank Grell, Jörn Kowalewski, Joachim Grittmann, Dr. Ulrich Klockenbrink, Elisabetta Righini, Natalia Solarova Die zweite Änderung des Befristeten Rahmens erlaubt es den...more
The second amendment allows EU Member States to provide State aid in the form of recapitalisations and subordinated debt to companies affected by COVID-19.
On 8 May 2020, the European Commission (Commission) adopted a...more