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Austria: EUR 3 billion financial grant scheme to compensate for increased energy costs in the context of the Russian invasion of Ukraine

Description

On 17 November 2023, the European Commission approved a EUR 3 billion (USD 3.2 billion) financial grant scheme from Austria for supporting companies facing increased energy costs. The programme was ad...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Nov 2023

Revocation date

30 Jun 2024

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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