On Tuesday 19 April, the European Commission authorised a German scheme with a maximum budget of €20 billion to support companies across all sectors in the context of the Russian invasion of Ukraine.
The support was authorised under the Temporary Crisis Framework for State aid measures, adopted by the European Commission on 23 March 2022.
The measure will be available to companies of all sizes and in all sectors, except the financial sector, which are affected by the current geopolitical...