The EU Commission approves an Italian scheme worth €526.5M to support the road haulage sector in the context of Russia’s invasion of Ukraine

State aid: Commission approves €526.5 million Italian scheme to support the road haulage sector in the context of Russia's invasion of Ukraine* The European Commission has approved a €526.5 million Italian scheme to support the road haulage sector in the context of Russia's invasion of Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 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. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “Russia's unjustified military aggression against Ukraine and the related sanctions are having a significant impact on many sectors of the

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  • European Commission - DG COMP (Brussels)

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European Commission, The EU Commission approves an Italian scheme worth €526.5M to support the road haulage sector in the context of Russia’s invasion of Ukraine, 14 juillet 2022, e-Competitions July 2022, Art. N° 108550

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