Germany: Introduction of scheme to support energy and trade-intensive companies in context of Russia's invasion of Ukraine

Announcement

14 Jul 2022

In July 2022, the European Commission approved a EUR 5 billion German scheme to support energy and trade-intensive companies across industrial sectors in the context of Russia's invasion of Ukraine.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Jul 2022

Revocation date:

31 Dec 2023

Updated: 14 Jul 2022

Production subsidy

On 14 July 2022, the European Commission approved a EUR 5 billion (USD 5 billion) production subsidy scheme to support energy and trade-intensive German companies. More specifically, the aid w...

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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