On Wednesday 30 November, the European Commission approved a €600 million Slovak scheme to support businesses facing increased energy costs in the context of Russia's war against Ukraine.
The scheme was authorised under the State aid Temporary Crisis Framework adopted by the Commission on 23 March 2022 and amended on 20 July and 28 October 2022.
The measure will be administered by the Ministry of Economy of the Slovak Republic.
The support will take the form of direct grants. The measure will be open to businesses of all sizes and in all sectors (except the financial sector) and will cover part of the increased costs of natural gas and electricity.
The Commission found the Slovak scheme to be in line with the conditions set out in the Temporary Crisis Framework. In particular, the aid will not exceed €2 million per beneficiary, and will be granted no later than 31 December 2023. (Original version in French by Lionel Changeur)