08/04/24 (Agence Europe) – On Monday 8 April, the European Commission announced that it had approved the re-introduction of a Romanian scheme of approximately €2.5 billion (12.5 billion lei) under the temporary framework for State aid to support businesses affected by the economic disturbance provoked by Russia’s war of aggression against Ukraine. The initial aid scheme was approved on 9 September 2022, and was first reintroduced on 26 January 2023, expiring on 31 December 2023. The aid will take the form of guarantees and direct grants not exceeding €280,000 per company active in the agricultural sector, €335,000 per company active in the fishery and aquaculture sectors and €2.25 million per company active in all other sectors. The aid will be granted no later than 30 June 2024. (EV)