login
login

Europe Daily Bulletin No. 13226

20 July 2023
Contents Publication in full By article 23 / 32
ECONOMY - FINANCE - BUSINESS / State aid
European Commission approves massive German aid scheme to encourage private investment in green transition
Brussels, 19/07/2023 (Agence Europe)

On Wednesday 19 July, the European Commission authorised a German aid scheme worth €3 billion to support private investment by companies producing equipment of interest for the green transition.

These include batteries, solar panels, wind turbines, heat pumps and equipment for capturing, using and storing carbon dioxide.

Aid will reach eligible businesses in the form of direct grants, tax breaks, subsidised interest rates for new loans or guarantees for new loans. This aid must be...

Contents

SECTORAL POLICIES
EXTERNAL ACTION
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
Russian invasion of Ukraine
SOCIAL AFFAIRS - EMPLOYMENT
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
NEWS BRIEFS