EU approves two German state aid plans against coronavirus
Share:
BRUSSELS (Reuters) - The European Commission said on Sunday it had approved two state aid schemes to support the German economy amid the coronavirus epidemic.The Commission, which is the guardian of EU rules and monitors to ensure that governments do not unfairly help companies for competitive advantage, said the first approved German state aid measure concerned a loan programme covering up to 90% of the risk for loans to companies of all sizes. Eligible loans under that scheme may have a..