EU Adopts Temporary Aid Framework to Support Sectors Hit by Middle East Crisis
20 Articles
20 Articles
EU adopts temporary aid framework to support sectors hit by Middle East crisis
The European Commission on Wednesday adopted a temporary state aid framework to enable European Union (EU) member states to support sectors affected by the Middle East crisis and rising energy costs.
The Commission sets out the Temporary Framework for State Aid for the Crisis in the Middle East , which provides states with tools to alleviate production costs Statkraft ratifies its investment of almost 70 million for the re-energisation of
Brussels announced a temporary relaxation of state aid rules on Wednesday to allow bloc countries to allocate funds to sectors hit hard by soaring energy prices.
On Wednesday, the European Commission approved a state aid framework that will make it easier for European governments to give more aid to the agricultural, fisheries, transport and energy-intensive industries to cope with the rising fuel costs caused by the war in the Middle East. Read more...
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