The European Commission has just announced a new state aid temporary framework to support the economy in the context of the COVID-19 outbreak. This new framework will remain in force until 31 December 2020.
Among other, the rules on providing aid to companies in the form of grants, repayable advance payments, tax advantages, loan guarantees, and interest rate subsidies have been made more flexible.
This briefing discuss the measures and how they can be implemented.
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Coronavirus
Stronger on the other sidePLMJ has created a multidisciplinary team dedicated to analysing the legal and operational challenges that businesses are facing. Our team’s mission is work hand-in-hand with our clients to find the best solutions to mitigate the risks and to relieve some of the pressure they are under.
We have created a Coronavirus Hub to share practical information to help mitigate the risks for companies in Portugal.
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