On Friday 7 October, the European Commission authorised €10 billion in support from Finland for energy producers in the context of Russia’s war against Ukraine.
The scheme was authorised on the basis of the State aid Temporary Crisis Framework adopted by the Commission on 23 March and amended on 20 July 2022.
It is a €10 billion loan guarantee scheme to provide emergency liquidity support to electricity producers. The measure will be open to electricity producers with a...