France: EUR 5 billion scheme for energy-intensive undertakings in the context of the Russian invasion of Ukraine

Announcement

30 Jun 2022

In June 2022, the European Commission approved a French financial grant scheme to support energy-intensive undertakings in the context of high energy prices. The scheme was adopted in the context of the Russian invasion of Ukraine.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Jun 2022

Revocation date:

31 Dec 2024

Updated: 30 Jun 2022

Financial grant

On 30 June 2022, the European Commission approved a EUR 5 billion (USD 5.2 billion) financial grant scheme from France. The scheme aims to support energy-intensive businesses of all economic sectors (...

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)

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