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Global Trade Alert

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Czechia: EUR 802 million to reduce the impacts of increasing natural gas and electricity prices

Description

On 23 August 2023, the European Commission approved a EUR 802 (USD 871) million scheme from Czechia to reduce the impact of rising electricity and natural gas prices. The scheme is in force until 31 D...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Aug 2023

Revocation date

31 Dec 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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