Amendment to the Temporary Crisis Framework for State Aid measures to support the economy following the aggression against Ukraine by Russia

Author (Corporate)
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Series Details C 280, Pages 1-13
Publication Date 21/07/2022
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Summary:

Communication published by the European Commission on 20 July 2022, introducing amendments to a Temporary Crisis Framework aimed at enabling Member States to use the flexibility foreseen under EU State aid rules to support the economy in the context of Russia's invasion of Ukraine.

Further information:

In March 2022, the European Commission adopted a State Aid Temporary Crisis Framework aimed at enabling Member States of the European Union (EU) to use the flexibility foreseen under State aid rules to support the economy in the context of Russia's invasion of Ukraine.

Considering the prolongation of the conflict and the aggravating effects on the EU's economy overall and the economies of all Member States, it was deemed necessary to introduce some amendments to the Framework. These extend it by providing additional types of aid measures to include measures accelerating the rollout of renewable energy and measures facilitating the decarbonisation of industrial processes, in line with the REPowerEU strategy.

The amendments were adopted by the Commission on 20 July 2022, and published in the Official Journal on the following day. They complement the measures set out in the Commission's Safe Gas for Winter Package.

Source Link https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=celex:52022XC0721(01)
Related Links
Official
European Commission: DG Competition: State Aid: Temporary Crisis Framework (Ukraine) https://competition-policy.ec.europa.eu/state-aid/ukraine_en
European Commission: Press Release, 20/07/2022: State aid: Commission amends the Temporary Crisis Framework https://ec.europa.eu/commission/presscorner/detail/en/ip_22_4622

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