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Covid-19 supports amounted to €61m, says minister

Agriculture-related costs, in the form of funding to support various sectors impacted by Covid-19, have amounted to more than €61 million ....

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Could temporary EU state aid limit changes be used to help hospitality?

Real estate service provider Colliers International has urged the Government to take advantage of the European Union’s increase in State Aid limits due to Covid-19 to support the UK’s ailing hospitality sector.
Earlier this month, the European Commission confirmed that the UK can apply a revised Covid-19 State Aid Temporary Framework, which includes an increased limit from the original €800,000 (£731,160) threshold per company over three years to €3m (£2.7m).
According to the temporary framework, aid can be offered to companies facing shortages due to the Covid-19 pandemic in the form of direct grants, repayable advances and tax advantages.
The aid is granted to businesses that suffered a decline in turnover during the period between 1 March 2020 and 31 December 2020 of at least 30% compared to the same period in 2019. ....

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Government urged to increase support for retail firms after EU State Aid rule changes : CityAM

Government urged to increase support for retail firms after EU State Aid rule changes
(Photo by Dan Kitwood/Getty Images)
The government has been urged to increase the financial support available to retail and hospitality businesses after the European Commission confirmed that the UK is able to apply a revised state aid framework.
The EU said earlier this week that the UK can implement the revised Covid-19 State Aid Temporary Framework, which increased the limit from €800,000 per company over three years, to €3m.
Due to previous restrictions, larger retailers were unable to claim enough relief to keep stores mothballed and prevent long term job losses, business rates experts at property consultancy Colliers International said. ....

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