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11.2.2021 |
EN |
Official Journal of the European Union |
C 48/11 |
State aid – Decision to raise no objections
(2021/C 48/08)
The EFTA Surveillance Authority raises no objections to the following state aid measure:
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Date of adoption of the decision |
6 November 2020 |
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Case No |
85756 |
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Decision No |
128/20/COL |
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EFTA State |
Iceland |
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Title |
COVID-19 Closure grants |
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Legal basis |
Act No 38/2020 on closure grants |
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Type of measure |
Scheme |
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Objective |
The objective of the measure is to maintain the level of employment and economic activity in Iceland by supporting undertakings that have incurred a temporary loss of income due to the COVID-19 pandemic and measures imposed to fight the spreading of the virus. |
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Form of aid |
Direct grants |
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Budget |
An estimated budget ISK 1 billion and a maximum budget ISK 2 billion |
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Duration |
Until 30 June 2021 |
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Economic sectors |
All sectors |
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Name and address of the granting authority |
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The authentic text of the decision, from which all confidential information has been removed, can be found on the EFTA Surveillance Authority’s website: http://www.eftasurv.int/state-aid/state-aid-register/decisions/