|Author (Corporate)||European Commission: DG Competition|
|Series Title||Official Journal of the European Union|
|Series Details||C 101, Pages 3-46|
Communication adopted by the European Commission on 9 March 2023, introducing amendments to the State Aid Temporary Crisis Framework first introduced to allow Member States of the European Union (EU) to support the economy following Russia's invasion of Ukraine.
In March 2022, the European Commission adopted a Temporary Crisis Framework to enable Member States to support the economy in the context of Russia's invasion of Ukraine, hence complementing the already existing State Aid toolbox. In July 2022, a first amendment was adopted to complement the Winter Preparedness Package and in line with the REPowerEU Plan objectives. In October 2022, the Framework was prolonged and amended for a second time, in view of the ongoing conflict, feedback received from EU Member States, the adoption of Regulation (EU) 2022/1854 and a draft emergency regulation to address high energy prices.
This Temporary Crisis and Transition Framework (TCTF) partly builds on and prolongs the existing provisions. Additionally, it seeks to foster support measures in sectors which are key for the transition to a net-zero economy, in line with the Green Deal Industrial Plan. It was adopted by the European Commission on 9 March 2023 and published in the Official Journal on 17 March 2023.
|Subject Categories||Energy, Environment, Internal Markets|
|Subject Tags||Climate Change, Competition Law | Policy, Renewable Energy, Wars | Conflicts|
|Keywords||War in Ukraine (2022-)
|International Organisations||European Union [EU]|