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Global Trade Alert

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Greece: Financial aid scheme to compensate energy-intensive industries for ETS indirect costs

Description

On 7 February 2023, the European Commission approved a Greek financial grant scheme of EUR 1.36 billion (USD 1.46 billion). The stated aim of the measure is to compensate companies in energy-intensive...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Feb 2023

Revocation date

31 Dec 2030

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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