The European Commission authorised, on Thursday 23 March, a €1 billion Finnish scheme to support companies in the context of Russia’s war against Ukraine.
The scheme was approved under the State aid Temporary Crisis and Transition Framework, adopted by the Commission on 9 March 2023.
The Finnish aid consists of two measures:
- limited amounts of aid in the form of direct grants to eligible beneficiaries, channelled through electricity suppliers, to offset part of these...