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

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 Schem...

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Main Author: Ioana Claudia Dobre
Format: Article
Language:English
Published: Ovidius University Press 2022-09-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:https://stec.univ-ovidius.ro/html/anale/RO/2022-2/Section%201%20and%202/7.pdf
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author Ioana Claudia Dobre
author_facet Ioana Claudia Dobre
author_sort Ioana Claudia Dobre
collection DOAJ
description 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.
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spelling doaj.art-562e8036a6d44b54aafdcdf96d1f1b2c2022-12-22T03:32:09ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272022-09-01XXII15560State Aid Granted by the European Union for the Recovery of the HORECA Sector Ioana Claudia Dobre0“Ovidius” University of Constanta, Faculty of Economci Sciences, Romania 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.https://stec.univ-ovidius.ro/html/anale/RO/2022-2/Section%201%20and%202/7.pdfstate aidsubsidiescompetition policyhorecapandemic
spellingShingle Ioana Claudia Dobre
State Aid Granted by the European Union for the Recovery of the HORECA Sector
Ovidius University Annals: Economic Sciences Series
state aid
subsidies
competition policy
horeca
pandemic
title State Aid Granted by the European Union for the Recovery of the HORECA Sector
title_full State Aid Granted by the European Union for the Recovery of the HORECA Sector
title_fullStr State Aid Granted by the European Union for the Recovery of the HORECA Sector
title_full_unstemmed State Aid Granted by the European Union for the Recovery of the HORECA Sector
title_short State Aid Granted by the European Union for the Recovery of the HORECA Sector
title_sort state aid granted by the european union for the recovery of the horeca sector
topic state aid
subsidies
competition policy
horeca
pandemic
url https://stec.univ-ovidius.ro/html/anale/RO/2022-2/Section%201%20and%202/7.pdf
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