Global Trade Alert
Global Trade Alert

Bulgaria: EUR 142 million financial grant scheme to support energy sector in the context of the Russian invasion of Ukraine

Announcement

12 Jul 2024

In July 2024, the European Commission approved a Bulgarian financial grant scheme to support the energy sector in the context of the economic crisis caused by the Russian invasion of Ukraine.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

12 Jul 2024

Revocation date:

No revocation date

Financial grant

On 12 July 2024, the European Commission approved a EUR 142 million (USD 154.81 million) state aid scheme from Bulgaria. The scheme provides financial grants to Bulgarian natural gas suppliers to comp...

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