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Europe Daily Bulletin No. 12479

5 May 2020
EU RESPONSE TO COVID-19 / State aid
Covid-19 – company recapitalisations carry risk of distorting competition “in the long term”, says Ms Vestager
Brussels, 04/05/2020 (Agence Europe)

Margrethe Vestager, the Commission's Executive Vice-President responsible for Competition Policy, said on Monday 4 May that in the context of the Covid-19 pandemic, companies must be able to be receive help in the form of recapitalisation. “This is more difficult in terms of competition issues, since there is a risk of distorting competition in the long term”, she conceded.

The European Commission is still assessing responses from EU countries in respect of drafts updating State aid...

Contents

EU RESPONSE TO COVID-19
INSTITUTIONAL
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
SOCIAL AFFAIRS
COUNCIL OF EUROPE
NEWS BRIEFS
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