The European Commission on Wednesday 21 December authorised €49 billion in German aid to support the economy 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 open to companies, irrespective of their sector of activity or size, which are final consumers of electricity, natural gas and heat produced...