The European Commission has announced its decision to approve under EC Treaty State aid rules a number of schemes under which Member States will provide assistance to business struggling as a result of the current economic situation. Lithuania, Slovakia and Spain have been authorised to grant up to €500,000 of aid to individual companies encountering financial difficulty as a result of the economic crisis, while Finland, Romania and Slovakia have obtained approval for the provision of temporary subsidised guarantees for investment and working capital loans. Meanwhile, an amendment to the German aid scheme to allow more flexible risk-capital investments in small and medium-size enterprises in the early stages of development until 2010 has also been approved. In each case the commission was satisfied that the measures were compliant with the Commission’s Temporary Framework for State aid measures and therefore permissible under Article 87(3)(b) of the EC Treaty. The schemes will help to alleviate difficulties currently faced by businesses without giving rise to any undue distortions of competition, and are limited in time and scope.