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Europe Daily Bulletin No. 12957

21 May 2022
Russian invasion of Ukraine / State aid
Luxembourg’s €500 million support scheme for businesses in context of war in Ukraine approved
Brussels, 20/05/2022 (Agence Europe)

On Friday 20 May, the European Commission approved Luxembourg’s €500 million guarantee scheme to support companies in various sectors in the context of Russia’s invasion of Ukraine. The support was authorised under the State aid Temporary Crisis Framework adopted by the Commission on 23 March 2022.

The scheme aims to ensure that companies in need have sufficient liquidity, by providing a state guarantee on new business loans, by allowing banks to continue lending to the real...

Contents

Russian invasion of Ukraine
COUNCIL OF EUROPE
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
SECURITY - DEFENCE
COURT OF JUSTICE OF THE EU
EXTERNAL ACTION
ADDENDUM
NEWS BRIEFS