COVID-19 and State aid
Key points of attention
Due to COVID-19, many companies are facing unprecedented liquidity challenges, and are continuously looking for solutions to that problem. All governments (national and regional) are announcing or have taken important support packages to help companies weather these financial consequences. In the European Union, and in the European Economic Area, many State aid measures are subject to European Commission or EFTA Surveillance Authority review and approval.
If your company receives non-approved State aid, the received amount, increased with a recovery interest rate, must be refunded. How can you avoid this unpleasant surprise?
Read more about this topic in our working paper.