Portugal: Introduction of scheme to support the gas intensive manufacturing industries in the context of Russia's invasion of Ukraine

Announcement

03 Jun 2022

In June 2022, the European Commission approved a EUR 160 million Portuguese scheme to support industrial companies dealing with higher gas prices as a result of the Russian invasion of Ukraine.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

03 Jun 2022

Revocation date:

No revocation date

Production subsidy

On 3 June 2022, the European Commission approved a EUR 160 million (USD 171 million) production subsidy scheme from Portugal. The aid will support gas-intensive Portuguese companies operating in the i...

Related State Acts

24 Mar 2022

EU: Commission adopts state aid Temporary Crisis Framework to provide financial support in the context of the Russian invasion of Ukraine (extended until 2023)

03 Oct 2022

Portugal: Budget increase of scheme to support the gas intensive manufacturing industries

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