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Global Trade Alert

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Belgium: Introduction of EUR 1.5 billion scheme to support natural gas and electricity providers

Description

On 28 October 2022, the European Commission approved a EUR 1.5 (USD 1.49) billion loan guarantee scheme from Belgium. The aid will support electricity and natural gas suppliers affected by the economi...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Oct 2022

Revocation date

31 Mar 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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