The European Commission decision of 8 May 2020 has extended the scope of the State aid Temporary Framework to allow public interventions to support non-financial companies in financial difficulty due to the emergency from Covid-19 through recapitalization of the same.
In the new Alert Marina Rosito and Francesco Cazzini offer an overview of the criteria that must be met in order to allow Member States to grant companies the aforementioned aid.
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Article originally published on 14 May 2020
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