Covid19 / The UK still benefits from EU aid
Although Brexit became a reality on January 31, from a legal point of view we are still in a transitional phase, explains Justin Frosini, professor of comparative public law at Bocconi, in this video: "Legally, the United Kingdom is still a full member of the Union and the full body of EU law still applies", explains Frosini. "In fact, the Commission has approved a 57 billion euro umbrella UK state aid scheme for companies consisting of direct grants, state guarantees on loans, tax advantages and safeguards for banks. So wether Brexiters like it or not,” concludes Frosini, "fortunately the UK can still benefit from EU aid to combat this terrible pandemic.”