Advertisement
UK markets close in 31 minutes
  • FTSE 100

    7,965.33
    +33.35 (+0.42%)
     
  • FTSE 250

    19,891.81
    +81.15 (+0.41%)
     
  • AIM

    743.55
    +1.44 (+0.19%)
     
  • GBP/EUR

    1.1693
    +0.0024 (+0.21%)
     
  • GBP/USD

    1.2633
    -0.0005 (-0.04%)
     
  • Bitcoin GBP

    56,439.42
    +1,863.40 (+3.41%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,255.05
    +6.56 (+0.12%)
     
  • DOW

    39,783.73
    +23.65 (+0.06%)
     
  • CRUDE OIL

    82.58
    +1.23 (+1.51%)
     
  • GOLD FUTURES

    2,234.90
    +22.20 (+1.00%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • HANG SENG

    16,541.42
    +148.58 (+0.91%)
     
  • DAX

    18,498.52
    +21.43 (+0.12%)
     
  • CAC 40

    8,211.83
    +7.02 (+0.09%)
     

EU aims to extend looser state aid rules to help virus-hit firms

European Union flags flutter outside the European Commission headquarters in Brussels

BRUSSELS (Reuters) - EU competition regulators plan to extend looser state aid rules until the end of 2021 to help European companies hit by the coronavirus pandemic, including allowing EU governments to grant more funding, the European Commission said on Tuesday.

The EU executive eased the rules in March last year to help the 27-country bloc protect jobs and support the economy. The Commission said it has asked EU countries for feedback before making a final decision.

(Reporting by Foo Yun Chee, editing by Robin Emmott)