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State aid: Commission approves amendments to Irish schemes to support companies in the context of the coronavirus outbreak

The European Commission has approved, under EU State aid rules, amendments to existing Irish schemes to support companies affected by the coronavirus outbreak.

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The original schemes were approved by the Commission in April 2020 (SA.57036), in June 2020 (SA.57453 and SA.59709), in August 2020 (SA.57465), in March 2021 (SA.61236) and in May 2021 (SA.63067).

All schemes were approved under the State aid Temporary Framework. Ireland notified the following amendments:

  1. a prolongation of all schemes until 30 June 2022;
  2. an increase of the maximum ceilings for limited amounts of aid and aid in the form of support for uncovered fixed costs, up to €2.3 million and €12 million per beneficiary, respectively; and
  3. an overall budget increase by €65 million for the ‘umbrella' scheme to support companies active in tourism or in directly related sectors (SA.61236).

The Commission found that the modifications of the Irish schemes are in line with the conditions set out in the Temporary Framework as amended on 18 November 2021.

The Commission therefore concluded that the schemes, as amended, remain necessary, appropriate and proportionate to remedy a serious disturbance in the economy of a Member State, in line with Article 107(3)(b) TFEU and the conditions of the Temporary Framework. On this basis, the Commission approved the amended schemes under EU State aid rules.

More information on the Temporary Framework and other actions taken by the Commission to address the economic impact of the coronavirus pandemic can be found here. The non-confidential version of the decision will be made available under the case number SA.100717 in the State aid register on the Commission's competition website once any confidentiality issues have been resolved.

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Dáta foilsithe
2 Nollaig 2021
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An Ionadaíocht in Éirinn