The Role of EU State Aid Law as a "Risk Management Tool" in the COVID-19 Crisis. (27th March 2021)

• Record Type: Journal Article
• Authors: FERRI, Delia
• Editors: Eliantonio, Mariolina; Korkea-Aho, Emilia; Vaughan, Steven
• Is Part Of: European journal of risk regulation. Volume 12:Number 1(2021)
• Page Start: 176
• Page End: 195
• Publication Date: 2021-03-27
• Subjects: Risk management -- Periodicals; Risk management -- Europe -- Periodicals; Periodicals; 363.102
• DOI: 10.1017/err.2020.71
• Languages: English
• ISSNs: 1867-299X

Abstract

Abstract : This article discusses the role of European Union (EU) State aid law in the COVID-19 crisis. It contends that different Treaty derogations have played unique roles in addressing the core determinants of the economic risk linked to the pandemic (ie the "exposure" to lockdown measures and the "vulnerability" of certain sectors to them), and in increasing the resilience of national economies. Moreover, this article examines the extent to which EU State aid law has been used to manage and mitigate health risks, by allowing Member States to enhance the preparedness and capacity of their healthcare sector (broadly conceived) to respond to the pandemic. On the whole, this article maintains that State aid control has been used by the European Commission as an important "risk management tool", and it highlights the role of the Commission as the crisis management authority.