{"id":5042,"date":"2020-06-06T19:12:10","date_gmt":"2020-06-06T19:12:10","guid":{"rendered":"http:\/\/0"},"modified":"2020-06-06T19:12:10","modified_gmt":"2020-06-06T19:12:10","slug":"8-billion-euros-support-regulation-for-austria","status":"publish","type":"post","link":"https:\/\/www.aacc.co.at\/en\/8-billion-euros-support-regulation-for-austria\/","title":{"rendered":"8 billion euros  support regulation for Austria"},"content":{"rendered":"<div class=\"vgblk-rw-wrapper limit-wrapper\">The<span class=\"Apple-converted-space\">\u00a0 <\/span>European Commission approved<span class=\"Apple-converted-space\">\u00a0 <\/span>on May 23rd, 2020 a support regulation for Austria in the amount of 8 billion<span class=\"Apple-converted-space\">\u00a0 <\/span>euros , which should compensate the loss of many companies due to the COVID 19 pandemic. The compensation will be given in direct remittances and cover up to 75% of fix costs for the limited period of three months. The highest amount is around 90 million euros per group.<\/p>\n<p>Margrethe Vestager, EU Commissioner for Competition , hopes that this measure will at least partly help Austrian companies<span class=\"Apple-converted-space\">\u00a0 <\/span>and thinks, that EU together with member countries should<span class=\"Apple-converted-space\">\u00a0 <\/span>prepare solutions for the support of companies in the crisis time , which are in compliance with EU- support<span class=\"Apple-converted-space\">\u00a0<\/span>legislation.<\/p>\n<p>From the start of the Corona crisis<span class=\"Apple-converted-space\">\u00a0 <\/span>Austria has<span class=\"Apple-converted-space\">\u00a0 <\/span>already received the support from the EU in the form of a liquidity regulation of more than 15 billion euros, guarantee regulations for small and medium companies as well as the allowance for regional forms of support.<\/div>\n<p><!-- .vgblk-rw-wrapper --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0 European Commission approved\u00a0 on May 23rd, 2020 a support regulation for Austria in the amount of 8 billion\u00a0 euros , which should compensate the loss of many companies due to the COVID 19 pandemic.<\/p>\n","protected":false},"author":2,"featured_media":9000856,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[57],"class_list":["post-5042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-english"],"_links":{"self":[{"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/posts\/5042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/comments?post=5042"}],"version-history":[{"count":0,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/posts\/5042\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/media\/9000856"}],"wp:attachment":[{"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/media?parent=5042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/categories?post=5042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aacc.co.at\/en\/wp-json\/wp\/v2\/tags?post=5042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}