On Monday 19 April, the European Commission announced that it had approved a Czech aid scheme worth around €718 million (CZK 17 billion) for companies affected by the rising cost of thermal energy.
The aid will be calculated on the basis of the increase in production costs recorded between 1 February 2022 and 31 December 2023, compared with the period between 1 January 2021 and 31 December 2021.
Eligible companies producing thermal energy will access the aid in the form of...