Global Trade Alert
Global Trade Alert

Luxembourg: Introduction of EUR 225 million scheme to support energy-intensive companies in the context of the invasion of Ukraine

Announcement

26 Jul 2022

In July 2022, the European Commission approved a EUR 225 million Luxembourgish scheme to support companies particularly affected by the rise in energy prices as a result of Russia's invasion of Ukraine.

Source

Sign in to access

Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Jul 2022

Revocation date:

31 Dec 2022

Updated: 26 Jul 2022
Financial grant

On 26 July 2022, the European Commission approved a EUR 225 million (USD 227 million) direct grant scheme from Luxembourg. The scheme aims to support energy-intensive businesses...

Sign in to see more
Updated: 26 Jul 2022
Financial grant

On 26 July 2022, the European Commission approved a EUR 225 million (USD 227 million) direct grant scheme from Luxembourg. The aid will support Luxembourgish companies oper...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.