COVID19 Measures Archives

COVID19 Measures Legal Updates

Commission approves Malta’s state aid scheme to support investments in the production of coronavirus-relevant products

On 12 May 2020, the European Commission approved an €11.5 million state aid scheme to support investments in the production of coronavirus-related products such as vaccines, personal protective equipment, and ventilators. Undertakings operating in sectors related to the production or the diversifying of products related to the coronavirus outbreak may benefit from this scheme through direct grants, repayable advances, and tax advantages. However, beneficiaries must complete investments projects in this regard within six months after receiving the aid.The scheme was approved under the State aid Temporary Framework that was put into effect on 19 March 2020. Disclaimer This document does…

MamoTCV Advocates19th May 2020

COVID19 Measures

COVID-19 Response to European Air Travel

Eurocontrol's summary concerning air travel in Europe details the COVID-19 response of the major European countries, and how the preventative measures have affected the main European airlines. For anyone curious to know when they may be able to book their next flight ticket, we suggest that you consider the latest summary provided in the link below and to check this space for future updates.https://www.eurocontrol.int/sites/default/files/2020-05/eurocontrol-summary-covid-response-08052020.pdf Disclaimer This document does not purport to give legal, financial or tax advice. Should you require further information or legal assistance, please do not hesitate to contact Dr. Christian Tonna

MamoTCV7th May 2020

Antitrust, Competition and Trade COVID19 Measures Legal Updates

Malta’s Employment Aid Scheme Approved

On 24 April 2020, the European Commission approved Malta's €215 million wage subsidies scheme, which aims to prevent unemployment and to support undertakings that operate in sectors that have been greatly affected by the current outbreak.The notified aid comprises a scheme to finance wage costs of employers that would have otherwise had to lay off their employees as a result of COVID-19. Any undertaking, including self-employed individuals, hit hard by the pandemic may benefit under this scheme. Beneficiaries will receive aid that is proportional to their salary, which is capped at €800. The scheme was approved under the State Aid…

MamoTCV Advocates28th April 2020

Corporate and M&A COVID19 Measures Legal Updates

Commission Approves Malta’s R&D State Aid Scheme

On 22nd April, 2020, the European Commission approved Malta's €5.3 million scheme to support investment in research and development related to the current pandemic. Any company, including public entities, intending to undertake research and development regarding COVID-19, and other related projects may benefit under the scheme. The scheme is intended to support the development of new solutions – such as medicinal products, medical equipment, and data collection tools – for the current crisis while also bettering foresight tools and methodologies for the future. Beneficiaries will receive aid, in the form of direct grants, of between 80% and 100% of the…

MamoTCV Advocates28th April 2020

COVID19 Measures Immigration

EU Solidarity in Times of Crisis

Coronavirus: EU Economic plan for 2020With EU Member States accusing each other of not doing enough to help, the EU has finally reached some common ground that will go some way to lessen the impact Covid-19 has had on the block as a whole.A plan for injecting billions of euros of emergency aid into Europe's economies has been agreed by EU heads.As has become the new norm - meeting by video, the Member States' representatives agreed to set up a massive recovery fund, confirming that€540bn (£470bn) of financial support will become available from 1 June, with Ursula von der Leyen…

MamoTCV27th April 2020

COVID19 Measures Immigration News

Freedom of Movement Within the EU During Covid-19

It is evident that the current lockdown is having an unprecedented slowdown in the movement of persons between EU Member States. This is not due to a restriction which was imposed by the EU itself but because of the restrictions which the Member States themselves imposed through their respective Public Health officials. It is noticeable that the legal restrictions on immigration were driven by the Member States' individual rules rather than by a general guideline from the EU. Consequently, the European Commission issued a guideline on how to ensure that certain posted workers and others are not inhibited from exercising…

MamoTCV25th April 2020