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Commission approves €400 million Portuguese recapitalization scheme to support companies affected by the coronavirus pandemic

The European Commission has approved a €400 million Portuguese scheme to support strategic companies affected by the coronavirus pandemic. The scheme was approved under the State aid Temporary Framework and is included in the national Recovery and Resilience Plan. Executive Vice-President Margrethe Vestager, in charge of competition policy, said:
Margrethe Vestager Banco Portugu Resilience Fund The European Commission National Promotional Bank Strategic Recapitalisation Programme Of The Capitalisation

Commission approves €2 billion Hungarian investment support scheme towards a sustainable recovery

The European Commission has approved a €2 billion Hungarian scheme aimed at providing investment support towards a sustainable recovery. The scheme was approved under the State Aid Temporary Framework. Executive Vice President Margrethe Vestager (pictured), in charge of competition policy, said: “This €2bn scheme will help Hungary overcome the investment gap left behind by the crisis and […]
European Commission State Aid Temporary Vice President Margrethe Temporary Framework Temporary Frameworkto Member State

Commission approves €800 million Italian scheme to support companies in context of coronavirus outbreak

The European Commission has approved a €800 million Italian scheme to support companies affected by the coronavirus outbreak, active in Italy under “Development Contracts” for the implementation of priority projects. The scheme was approved under several sections of the State Aid Temporary Framework. Executive Vice President Margrethe Vestager (pictured), in charge of competition policy, said: “This […]
National Agency For Inward Investment European Commission Economic Development State Aid Temporary Vice President Margrethe National Agency

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