On Wednesday 23 August, the European Commission announced that it had authorised a Czech scheme worth around €800 million (CZK 19 billion) notified under the Temporary Crisis and Transition Framework (see EUROPE B13138A1) to support businesses faced with rising energy costs as a result of Russia’s military aggression against Ukraine.
The aid will be open to all large companies, whatever their sector of activity. The aid scheme is designed to enable them to cover the additional costs...