Covid-19 and EU State Aid

The European Commission shows quick reflexes in its effort to alleviate the economic impact of the pandemic through the State Aid toolkit.

When the effects of the pandemic first became apparent, it also became clear that the European Commission would need to put forward all available tools to support EU’s economy. In this context, President of the European Commission, Ursula von der Leyen on 10th of Mach 2020, stated, amongst others, that the Commission would “make sure that state aid can flow to companies that need it”. Ever since, the Commission has taken a number of steps to that direction.