EU's temporary framework for state aid in response to Covid-19 outbreak
The COVID-19 -novel- coronavirus outbreak is testing public health systems, national responses to an economic slowdown and potential recession as well as government’s and European Union institutions’ overall capacity to respond to a crisis of this magnitude. As a global crisis – given the fact that the spread of the virus is an exponential phenomenon – it is made clear that the appropriate way to deal with its repercussions could be nothing less than a coordinated framework of actions (or response).
In this spirit and aiming to mitigate the negative economic effects of COVID-19 spread, the European Commission has presented a Temporary Framework concerning state aid measures to support the economy. As State aid measure is defined an advantage in any...
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