“They (the companies) have been hit hard by the pandemic, and this scheme will help ensure the continuity of their economic activity in these difficult times,” Commissioner Margrethe Vestager, who is in charge of the European Union’s competition policy, said in a statement on Tuesday.
The scheme will be open to companies of all sizes that experienced a decline in turnover of more than 30% in 2020, compared to 2019, the Commission said.
Source: Economy - investing.com
