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

Implementation date

03 Jun 2022

Revocation date:

03 Oct 2022

Removed: 31 Dec 2022

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

Announced: 03 Oct 2022

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

Announced: 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)

Threads

See all

Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70619

interventions

194

jurisdictions

Harmful Trade Policy Interventions: Iron & Steel

This Thread tracks harmful trade policy interventions affecting iron and steel products since 2009. It covers all types of interventions monitored by Global Trade Alert that affect at least one HS code linked to iron and steel, including fabricated metal products.

Published: 09 Jan 2025

5925

interventions

126

jurisdictions