European Commission to Phase-Out COVID-19 Temporary Framework

On May 12, 2022, the Commission announced that it will phase out the Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak.

The COVID-19 Temporary Framework was first adopted on March 19, 2020, and the main provisions will cease to be in force after June 30, 2022. The Commission decided not to extend the COVID-19 Temporary Framework due to the overall improvement of the sanitary crisis in Europe and the consequent lifting of restrictive measures.

Please click here to read the full alert memorandum.