The European Commission met the requests of the Czech Republic and a number of other member states and increased the overall limit for financial state aid aimed at mitigating the economic consequences of the Covid pandemic under the so-called Temporary Framework.
The upper limit for financial support paid out by the EU member states of EUR 800.000 has been increased to EUR 1.800.000 per entrepreneur/company.
Furthermore, the Temporary Framework has been extended until 31 December 2021.
EU Member States can now adapt existing aid measures in line with the above changes.
We will continue to inform you about changes in the compensation programs in connection with the amendment of the Temporary Framework.
Do not hesitate to contact us in the case of any queries.