Global Trade Alert
Global Trade Alert

Greece: Financial aid scheme to compensate energy-intensive industries for ETS indirect costs

Announcement

07 Feb 2023

In February 2023, the European Commission approved a Greek financial aid scheme to compensate undertakings active in energy-intensive industries for incurred indirect emission costs under the EU Emission Trading System.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Feb 2023

Revocation date:

31 Dec 2030

Updated: 07 Feb 2023
Financial grant In force

On 7 February 2023, the European Commission approved a Greek financial grant scheme of EUR 1.36 billion (USD 1.46 billion). The stated aim of the measure is to compensate companies in energy-intens...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.