State aid: Commission approves modification of Luxembourg scheme to support uncovered fixed costs of companies affected by coronavirus outbreak
The European Commission has found the modification to an existing Luxembourg scheme to support the uncovered fixed costs of companies affected by the coronavirus outbreak to be in line with the State aid Temporary Framework. The existing scheme was approved by the Commission on 24 November 2020 under case number SA.59322 and was first amended on 21 December 2020 (SA.60541). Luxembourg notified to the Commission the following modifications to the scheme: (i) the prolongation of the duration of the scheme until June 2021; (ii) the increase of the budget from €120 million to €180 million; and (iii) other amendments modifying the categories of eligible beneficiaries and the eligibility conditions for the months from February until June 2021, as well as the calculation of eligible costs and aid intensities. The Commission concluded that the scheme, as modified, remains necessary, appropriate and proportionate to remedy a serious disturbance in the economy of a Member State, in line with Article 107(3)(b) TFEU and the conditions set out in the Temporary Framework. On this basis, the Commission approved the amendments under EU State aid rules. More information on the Temporary Framework and other actions taken by the Commission to address the economic impact of the coronavirus pandemic can be found here. The non-confidential version of the decision will be made available under the case number SA.61934 in the State aid register on the Commission’s competition website once any confidentiality issues have been resolved.
