Briefing 
 

MEPs to debate ways to protect strategic industries from foreign takeovers 

Commission and Council will address the House on plans to shield European industries weakened by the COVID-19 crisis, on Wednesday.

In April, the EU Executive launched a consultation among member states on a draft proposal to extend the scope of the State aid Temporary Framework adopted on 19 March 2020 to support the economy in the context of the pandemic.


The proposal will allow aid in the form of recapitalisation, which will complement the option that member states have to purchase existing shares. This could be particularly important when member states intervene to prevent foreign purchasers from taking over strategic companies.


Council and Commission statements

Debate: Wednesday 17 June