Announcement
04 May 2022
In May 2022, the European Commission approved a EUR 11 billion German scheme to support companies dealing with uncertainties as a result of the Russian invasion of Ukraine.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
04 May 2022
Revocation date:
31 Dec 2023
Removed: 31 Dec 2022
Loan guarantee
On 4 May 2022, the European Commission approved a EUR 1 billion (approx. USD 1 billion) loan guarantee scheme from Germany. The aid will support any German company from any sector (except credit and f...
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Implementation date
04 May 2022
Revocation date:
17 Aug 2022
Removed: 31 Dec 2022
State loan
On 4 May 2022, the European Commission approved a EUR 10 billion (approx. USD 10.5 billion) state loan scheme from Germany. The aid will support any German company from any sector (except credit and f...
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Related State Acts
Removed: 31 Dec 2022
Germany: Budget increase for scheme to support German companies in context of Russia's invasion of Ukraine
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)
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