The unprecedented volume of State aid applications during the COVID-19 pandemic presented new economic challenges and policy considerations related to the need for aid and the extent of the damages suffered by undertakings.

In a recent article, Director Adina Claici, Economist Victor and Analyst Stephanie present the foundation for State aid during the outbreak of COVID-19, discuss the methodology for determining damages using a counterfactual analysis and address some of the important factors that policy makers must balance in order to ensure that firms receive the necessary support while minimising the distortions on competition.

The article was published in Lexxicon’s European State Aid Law Quarterly.

Read the article here
For further information, please contact Director Adina Claici