The EU Commission approves amendments to German State aid schemes, including a €45B budget increase, to support companies in the context of Russia’s war against Ukraine

State aid: Commission approves amendments to German schemes, including up to €45 billion budget increase, to support companies in context of Russia's war against Ukraine * The European Commission has approved the amendments to existing German umbrella schemes, including their prolongation and an up to €45 billion overall budget increase, to support companies in the context of Russia's war against Ukraine. The amendments were approved under the State Aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022 and amended on 20 July 2022 and on 28 October 2022, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union (‘TFEU'), recognising that the EU economy is experiencing a serious disturbance. The German measure The Commission has approved,

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  • European Commission - DG COMP (Brussels)

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European Commission, The EU Commission approves amendments to German State aid schemes, including a €45B budget increase, to support companies in the context of Russia’s war against Ukraine, 22 November 2022, e-Competitions November 2022, Art. N° 109734

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