State Aid Granted by the European Union for the Recovery of the HORECA Sector

Ioana Claudia Dobre ()
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Ioana Claudia Dobre: “Ovidius†University of Constanta, Faculty of Economci Sciences, Romania

Ovidius University Annals, Economic Sciences Series, 2022, vol. XXII, issue 1, 55-60

Abstract: In this paper, I will analyze the state aid granted in the member countries for the recovery of accommodation and food services, severely affected by the pandemic, coming to the conclusion that in Romania the measures were applied later than in other countries. Thus, through the "HoReCa Scheme", the beneficiary companies in Romania have received state aid recently, after almost 2 years of deep crisis. In the meantime, more than a third of companies have gone bankrupt. Starting from the presentation of state aid in European legislation and the need for it to support economies, I will then draw attention to the major impact of the pandemic on the HORECA sector at European level.

Keywords: state aid; subsidies; competition policy; horeca; pandemic (search for similar items in EconPapers)
JEL-codes: D6 H25 L10 L52 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xxii:y:2022:i:1:p:55-60

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