State aid in times of crisis

State aid in times of crisis

by S.B. van Duren, Allard Knook

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In the wake of the COVID-19 outbreak, the topic of State Aid developments seems to adorn the front page on a daily basis. However, so far, no publication has explored these developments in a systematic fashion. 'State aid in times of crisis' establishes the first thorough overview of the many European State aid developments that were brought into acceleration during the COVID-19 outbreak and the ensuing economic crisis. The overview provides a valuable book of reference to anyone who?s facing issues involving State aid, including both the supporting and receiving end.00In order to efficiently mitigate the (potentially) disturbing effects the COVID-19 crisis has on the European internal market, the European Commission imposed new State aid regulations and extended existing rules. The Commission?s most essential legal framework in this regard became the Temporary Framework for State aid measure to support the economy in the current COVID-19 outbreak. The author extensively discusses the various State aid instruments within this Temporary Framework, its background, its implications and the practical implementation. In addition to providing an overview of this Temporary Framework, the volume elaborates on the Commission's practical interpretation of existing legal provisions in light of COVID-19 related State aid and on several (sector-specific) guidance documents published by the Commission.

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