Global Trade Alert
Global Trade Alert

Germany: Temporary budget increase of aid scheme for rail freight transport (COVID-19)

Announcement

21 May 2021

In May 2021, the European Commission approved the temporary increase of the yearly budget of an existing aid scheme to promote rail freight transport in Germany during COVID-19 pandemic. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jun 2021

Revocation date:

30 Jul 2021

Last action: 21 May 2021
Tax or social insurance relief
On 21 May 2021, the European Commission approved the modification of Germany's existing aid scheme for rail freight transport, introducing an additional budget of EUR 217 million (approx. USD 264.3 mi...
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