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European Commission extends its COVID-19 State aid rules to recapitalisation and subordinated debt measures

In anticipation of the wave of requests from stricken companies due to the COVID-19 outbreak for more long-term State support, on 8 May, the Commission extended the scope of its State aid Temporary Framework to allow Member...more

Coronavirus Aid for Companies in Difficulties – Unprecedented Response from KfW, German government and EU Commission

Last Friday, in response to the outbreak of the coronavirus pandemic (COVID-19), the German government announced various measures described as a big "bazooka" to avert a crisis in the Eurozone's largest economy. The German...more

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