Public Finance Support

von Joachim Grittmann

Within the last days several EU Member States published financial support packages and protection shields for companies and businesses to mitigate the economic impact of the COVID-19 outbreak.

However, the Member States are not completely flexible to provide financial support. They must comply with the requirements of EU State aid law. Nevertheless, EU State aid law already provides tools that give the Member States room to navigate its financial support packages. Certain measures are even excluded from