The European Commission adopted, on Thursday 19 March, a Temporary Framework valid until the end of 2020 to allow Member States to use "the full flexibility" foreseen under State aid rules to support the economy hit by COVID-19 (see EUROPE B12448A4).
Combined with many other support measures available to Member States under existing State aid rules, the Temporary Framework enables countries to ensure that sufficient liquidity remains available to businesses of all types and to preserve the...