The European Commission temporarily relaxed its state aid rules again on Friday 8 May: subject to strict conditions, it is now allowing European countries to recapitalise companies that are in difficulty because of the coronavirus crisis. The conditions include a ban paying dividends or bonuses to senior managers.
The update to the framework for State aid has been published (https://bit.ly/3fDi139) at the same time as the German air transport group, Lufthansa, which is Europe’s largest, is...