Global Trade Alert
Global Trade Alert

Germany: Introduction of EUR 49 billion financial grant scheme to support German businesses in context of Russia's invasion of Ukraine

Announcement

21 Dec 2022

In December 2022, the European Commission approved a financial grant scheme to support German businesses affected by gas and electricity price increases in the context 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

21 Dec 2022

Revocation date:

No revocation date

Financial grant

On 21 December 2022, the European Commission approved a EUR 49 billion (USD 52.1 billion) financial grant scheme from Germany. The scheme supports companies, irrespective of sector and size, "which ar...

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