Summary
The proposal aims to create a Solvency Support Instrument to help companies, especially SMEs, survive the economic impact of the COVID-19 pandemic through EU-backed equity support. 9 03.09.2020
Other
economy
finance
environment
social policy
business and competition
public finance and budget policy
Key points
- Creation of a new solvency support window within the existing European Fund for Strategic Investments framework.
- Targeting viable companies and small to medium-sized enterprises that are most economically impacted by the pandemic.
- Providing financial support primarily through equity or quasi-equity instruments to improve company capital bases.
- Imposing strict conditions on large beneficiaries, including limits on dividend payments, executive bonuses, and share buy-backs.
Documents (PDFs)
DRAFT OPINION on the proposal for a Regulation of the European Parliament and of the Council amending Regulation (EU) 2015/1017 as regards creation of a Solvency Support Instrument
DRAFT REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) 2015/1017 as regards creation of a Solvency Support Instrument
OPINION on the proposal for a Regulation of the European Parliament and of the Council amending Regulation (EU) 2015/1017 as regards creation of a Solvency Support Instrument
OPINION on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) 2015/1017 as regards creation of a Solvency Support Instrument
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