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State aid: extension and raising of ceiling of the Temporary framework

Expiry date set at 31 December 2021

The European Commission has announced the decision to extend the temporary framework on state aid adopted on 19 March 2020 to support the economy in the context of the Covid-19 epidemic, until 31 December 2021.

The commission also decided to extend the ceilings set in section 3.1 as follows: 225,000 Euros for companies active in the primary production of agricultural products (previously 100,000 Euros); 270,000 Euros for companies active in the fishing and aquaculture (previously 120,000 Euros); 1.8 million Euros for companies active in all other sectors (previously 800,000 Euros). These ceilings can be combined with de minimis aid up to € 200,000 (€ 30,000 for the fisheries and aquaculture sector and € 25,000 for the agricultural sector) received by the same company in three financial years, subject to compliance with the requirements of the relevant regulation minimis.

The ceiling established in section 3.12 was also raised, which allows for the granting of aid to cover fixed costs not covered by the revenues of companies with turnover losses of at least 30% during the eligible period compared to the same period in 2019 , from 3 to 10 million euros per company. The member states can decide to raise the ceilings of subsidy measures already granted, communicating to the EC the intention and the new budget foreseen. The commission will also allow member states to convert redeemable instruments until 31 December 2022. Finally, the European Commission provides for the extension until 31 December 2021 of the temporary removal of all countries from the list of countries with "marketable risk" under the communication on short-term export credit insurance.

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EFA News - European Food Agency