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Europe Daily Bulletin No. 13062

15 November 2022
Contents Publication in full By article 30 / 39
ECONOMY - FINANCE - BUSINESS / State aid
Green light for German support of €225.6 million for energy company SEFE GmbH
Brussels, 14/11/2022 (Agence Europe)

On Saturday 12 November, the European Commission approved €225.6 million in German aid to SEFE Securing Energy for EuropeGmbH (SEFE GmbH), formerly Gazprom Germania GmbH, currently placed under the trusteeship of Germany.

The measure will allow the German State to take 100% ownership of the company from Gazprom Export LCC, in order to safeguard the security of gas supply to the German economy.

The measure was approved under Article 107(3) of the Treaty on the Functioning of the EU, the...

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Russian invasion of Ukraine
EXTERNAL ACTION
SECTORAL POLICIES
INSTITUTIONAL
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
ECONOMY - FINANCE - BUSINESS
EU RESPONSE TO COVID-19
NEWS BRIEFS
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