Belgium: Introduction of EUR 1.5 billion scheme to support natural gas and electricity providers

Announcement

28 Oct 2022

In October 2022, the European Commission approved a loan guarantee scheme from Belgium to support companies active in the supply of natural gas and electricity that are being affected by the economic consequences of Russia's invasion of Ukraine.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Oct 2022

Revocation date:

31 Mar 2023

Updated: 28 Oct 2022

Loan guarantee

On 28 October 2022, the European Commission approved a EUR 1.5 (USD 1.49) billion loan guarantee scheme from Belgium. The aid will support electricity and natural gas suppliers ...

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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