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Finland: EUR 10 billion scheme for electricity producers in the context of the Russian invasion of Ukraine

Description

On 7 October 2022, the European Commission approved a EUR 10 billion (approx. USD 9.8 billion) loan scheme from Finland. The purpose of the scheme is to provide liquidity support for Finnish electrici...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Oct 2022

Revocation date

31 Dec 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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