The Covid-19 Crisis has hit the entire European economy with an unprecedented intensity. In the spirit of the current situation, national and regional promotional banks across all Europe have introduced necessary measures to help their respective markets. Its extraordinary speed caused by the unexpected supply and demand shocks requires accordingly quick policy measures. Access our policy recommendations for action on EU levelLearn more
EAPB welcomes the Commission proposal to facilitate State aid regulation in the context of the COVID 19 crisis. However, we note that the Temporary Framework requires the development of new support programmes, companies today require help quickly and unbureaucratically. Setting up new programmes would mean product development, development of
model loan agreements, etc.), which would lose precious time.
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