Markets and trade
 

Detail

Area
European Union
Commodity Group
Milk and dairy products
Commodity
Dairy products
Date
28/01/2021
Policy Category
Production
Policy Instrument
Government support
Description
Prolonged until 31 December 2021 the State aid Temporary Framework adopted in March 2020 to support the economy in the context of the coronavirus outbreak. The European Commission also decided to expand the scope of the Temporary Framework by increasing the ceilings for specific support measures and allowing the conversion of some repayable instruments into direct grants until the end of 2022. This way, member states can use the flexibility of state aid rules to support their economies, while limiting distortions to competition.