Brussels, 03/11/2021 (Agence Europe) – The Temporary Framework for State Aid measures to support the economy in the context of the pandemic have significantly reduced solvency risks for companies, according to a European Commission report published on Wednesday 3 November. The speed of approval has been a key element in responding to the crisis, it says. The need to avoid financing “zombie companies” or companies with too much debt was also a key element. However, the Temporary Framework’s six-year limit on the duration of loans was seen as a burden in some Member States, the authors note, for whom a longer repayment period would have been an “important and non-invasive” way of easing companies’ obligations and ensuring their long-term viability. To access the report: https://bit.ly/3GND4h1 (PH)