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Europe Daily Bulletin No. 12484

12 May 2020
EU RESPONSE TO COVID-19 / State aid
Commission sets ban on paying dividends or bonuses as a condition for recapitalising companies in Covid-19 crisis
Brussels, 11/05/2020 (Agence Europe)

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...

Contents

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