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Europe Daily Bulletin No. 13230

27 July 2023
Contents Publication in full By article 18 / 28
Russian invasion of Ukraine / State aid
European Commission approves Czech aid worth €5 billion to support major energy producers
Brussels, 26/07/2023 (Agence Europe)

On Wednesday 26 July, the European Commission announced that it had authorised a Czech aid scheme worth €5 billion (CZK 125 billion) to support major energy producers in the wake of Russia’s military aggression against Ukraine.

The aid will reach large energy producers in the form of subsidised loans and will help them to respond to requests for guarantees on the energy trading markets.

The European Commission found that the Czech measure complied with European state aid rules and,...

Contents

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