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Germany: EUR 3 billion scheme to support investments in strategic goods to foster the transition to a net-zero economy

Description

On 19 July 2023, the European Commission approved a EUR 3 billion (USD 3.4 billion) state aid measure from Germany. The scheme provides support, among others, in the form of tax advantages to companie...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Jul 2023

Revocation date

31 Dec 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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