COVID-19 Key EU Developments, Policy & Regulatory Updated No. 1

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Competition & State Aid

• Delay of merger notifications

• State aid procedures fast-tracked

• Communication on Temporary State Aid Framework adopted

Foreign direct investment control

• Commission urges vigilance in Foreign Direct Investment

• EU issues guidelines on foreign investment screening

Trade / Export Controls

• Trade defence procedures adapted

• Guidelines on health-related border management measures

• Export authorization requirement for certain Personal Protective Equipment

• Brexit negotiations

Medicines, Medical Devices, and Personal Protective Equipment

• Commission ensuring adequate supply of protective equipment and medicines

• €80 million of financial support to CureVac.

Funding

• EIB mobilizes up to €40 billion of financing.

Other • ‘Green lanes’ at EU border crossings.

Please see full Publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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