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Europe Daily Bulletin No. 12453

25 March 2020
EU RESPONSE TO COVID-19 / State aid
COVID-19, Commission validates Luxembourg and Latvian aid for companies
Brussels, 24/03/2020 (Agence Europe)

On Tuesday 24 March, the European Commission validated a Luxembourg aid scheme worth €300 million for companies affected by the coronavirus outbreak.

The scheme was authorised under the Temporary Framework for State Aid to support the economy in the context of the COVID-19 pandemic, adopted by the Commission on 19 March (see EUROPE B12450A7).

The day before, the Commission had approved a loan guarantee scheme and a subsidised loan scheme put in place by Latvia for companies affected by the...

Contents

EU RESPONSE TO COVID-19
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECURITY - DEFENCE
SECTORAL POLICIES
NEWS BRIEFS