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Global Trade Alert

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Portugal: Introduction of compensation scheme to support energy-intensive companies for indirect emission costs until 2030

Description

On 24 November 2022, the European Commission approved a EUR 175 million (USD 182 million) direct grant scheme from Portugal. The objective of the measure is to support electro-intensive sectors for in...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Nov 2022

Revocation date

22 Sep 2025

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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