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France: EUR 5 billion scheme for energy-intensive undertakings in the context of the Russian invasion of Ukraine

Description

On 30 June 2022, the European Commission approved a EUR 5 billion (USD 5.2 billion) financial grant scheme from France. The scheme aims to support energy-intensive businesses of all economic sectors (...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Jun 2022

Revocation date

31 Dec 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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