November 29
2021
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Trajan Shipley
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18th November 2021
Competition & State Aid Covid-19

State aid Temporary Framework prolonged until June 2022

The European Commission has decided today to prolong until 30 June 2022 the State aid Temporary Framework, which was set to expire on 31 December 2021.

The aim of the extension is to allow Member States to extend their support schemes and ensure that businesses still affected by the COVID-19 crisis will not be cut off from necessary support. 

The Commission has also decided to introduce two new measures to create direct incentives for private investment and solvency support measures, for an additional limited period. These include safeguards to avoid undue distortions to competition available until December 2022 and the granting by Member States of guarantees to private intermediaries in order to leverage private funds and

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