Under the Temporary Framework for State aid, the European Commission has approved schemes in Luxembourg, Denmark and Poland to support companies directly affected by the economic crisis resulting from the Covid-19 pandemic.
On Tuesday 2 June, two Luxembourg aid schemes were authorised for an estimated total of €260 million to meet the liquidity needs of businesses hard hit by the pandemic.
With a budget of around €200 million, the first scheme will be open to companies of all sizes...