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SA.56995 ( 2020/N ) COVID-19: Framework Scheme for State aid measures (section 3.1 of the Temporary Framework)

Member state: Finland
Region: AALAND
Primary objective(s): Remedy for a serious disturbance in the economy
Legal basis primary: Art. 107(3)(b) TFEU - Remedy serious disturbance
Legal basis secondary: Covid-19-Temporary Framework Covid-19
Aid instrument: Direct grant/ Interest rate subsidy
Loan/ Repayable advances
Tax advantage or tax exemption
Case type: Scheme
Duration: Until 31.12.2020
Notification / registration date: 09.04.2020
Legislative sector: Competition DG
Expenditures (in millions) : 2020 : EUR 224.058
2019 : EUR 0
Related cases: SA.61959
24.04.2020 Decision not to raise objections
( 2020/N )
Decision text(s) 27.04.2020 pdf Letter to the Member State - authentic language en
Press release   IP/20/692
Publication in Official Journal 05.06.2020 JOCE C/187/2020

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