The European Commission sent to Member States for consultation, on Thursday 9 April, a draft proposal to extend the scope of the Temporary Framework for State Aid to recapitalisation measures (already amended on 3 April: https://bit.ly/2JNBEXr) to support the economy in the context of the COVID-19 outbreak.
The Commission proposes to further extend the scope of the Temporary Framework by allowing Member States to grant recapitalisations to companies in need.
Since such public interventions...