Global Trade Alert
Global Trade Alert

Germany: Budget increase for scheme to support German companies in context of Russia's invasion of Ukraine

Announcement

18 Aug 2022

In August 2022, the European Commission approved a budget increase for a German state aid scheme to support German companies dealing with uncertainties as a result of the Russian invasion of Ukraine.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

18 Aug 2022

Revocation date:

No revocation date

State loan

On 18 August 2022, the European Commission approved an amendment to a state loan scheme from Germany, increasing the scheme's budget from EUR 10 billion (approx. USD 10.2 billion) to EUR 200 billion (...

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