The European Commission has decided to prolong until 31 December 2021 the State aid Temporary Framework adopted on 19 March 2020 to support the economy in the context of the coronavirus outbreak. The Commission has also decided to expand the scope of the Temporary Framework by increasing the ceilings set out in it and by allowing the conversion of certain repayable instruments into direct grants until the end of next year.
Prolongation of the Temporary Framework. The Commission is continuously examining the need to further adapt the Temporary Framework. The Temporary Framework was set to expire on 30 June 2021, except for recapitalisation measures that could be granted until 30 September 2021. In view of the persistence and evolution of the coronavirus outbreak, today s amendment prolongs all measures set out in the Temporary Framework, including recapitalisation measures, until 31 December 2021.