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FNGCIMM: European Commission extends Temporary State Aid Framework

Sursa foto: WorldBakers The European Commission has extended until December 31, 2021 and expanded the Temporary State Aid Framework to support European economies in the context of the coronavirus pandemic, informs the National Credit Guarantee Fund for SMEs (FNGCIMM), an institution that contributes to the relaunch of the Romanian economy through the National Investment and Economic Recovery Plan with four programmes. The European Commission has announced the extension until December 31, 2021 of the Temporary State Aid Framework, adopted on March 19, 2020, to support the European economy and companies, in the context of the persistence of the crisis generated by the pandemic. The new amendment of the Temporary Framework provides both for the extension and expansion of the state aid ceilings. Thus, the new values provide for state aid of up to: 225,000 euros per company active in the primary production of agricultural products (previously 100,000 euros), 270,000 euros per company a

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