Page 20 - Temporary Framework News Today : Breaking News, Live Updates & Top Stories | Vimarsana

This article is brought to you in association with the European Commission. The European Commission has found a €462 million Portuguese support measure in favour of Transportes Aéreos Portugueses, S.A. (“ TAP”) to be in line with EU State aid rules. The measure aims at compensating the airline for the damage suffered due to the coronavirus outbreak between 19 March and 30 June 2020. Executive Vice-President Margrethe Vestager in charge of competition policy, said: “ This measure will enable Portugal to compensate TAP for the damage it suffered as a direct result of the travel restr...

10 hours ago The European Commission approved a €8 million Cypriot scheme to support tour operators affected by the coronavirus outbreak. The measure was approved under the State aid Temporary Framework. The public support, which will take the form of direct grants, will be open to tour operators that carry out activities in the Republic of Cyprus and have concluded contracts with air carriers travelling to Cyprus via the airports of Larnaca and Paphos. The scheme aims at stimulating incoming tourism, benefitting indirectly many related businesses such as hotels, restaurants, the food indus...

Roissy, 12 April 2021 Air France-KLM launches a capital increase without shareholders’ preferential subscription rights, by way of a public offering and...

This article is brought to you in association with the European Commission. The European Commission has approved under EU State aid rules, an approximately €1.74 billion (DKK 13 billion) Danish scheme to compensate mink farmers and mink-related businesses for measures taken in the context of the coronavirus outbreak. This follows the receipt of a complete notification from Denmark on 30 March 2021. Executive Vice-President Margrethe The Danish government took far reaching measures to prevent the spread of new coronavirus variants and new outbreaks among mink, which presented a serious th...

Four projects led by local researchers to broaden data on infectious diseases and research innovative solutions have been awarded up to €3.7 million in grants from the COVID-19 R&D Fund.  Announced last April, the scheme was approved by the European Commission under the State aid Temporary Framework, with the aim of supporting research related to the COVID-19 outbreak.  In a press conference on Thursday, the Malta Enterprise and the Malta Council for Science and Technology announced the four projects granted funding under the scheme and said that work among researchers has been ongoing fo...