25.3.2021   

EN

Official Journal of the European Union

C 103/9


State aid – Decision to raise no objections

(2021/C 103/08)

The EFTA Surveillance Authority raises no objections to the following state aid measure:

Date of adoption of the decision

14 December 2020

Case No

85894

Decision No

160/20/COL

EFTA State

Iceland

Title

COVID-19 Resilience grants

Legal basis

The Act on Resilience Grants (ice. lög um viðspyrnustyrki)

Type of measure

Scheme

Objective

To contribute to the continued economic activity of undertakings that have suffered loss of income due to the COVID-19 pandemic and containment measures imposed to fight the spreading of the virus

Form of aid

Direct grants

Budget

ISK 19,8 billion (approx. EUR 122 million)

Duration

31 May 2021

Economic sectors

All sectors

Name and address of the granting authority

Iceland Revenue and Customs

Tryggvagata 19

101 Reykjavík

ICELAND

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/