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

Number of interventions

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

26 Jul 2022

Revocation date:

No revocation date

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 operating in the sector of land ...

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 of all economic sector...

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)

Threads

See all

This state act is not part of any Thread yet.