The EU Commission approves a Greek scheme worth €800M to support non-household electricity consumers in context of Russia’s war against Ukraine
State aid: Commission approves €800 million Greek scheme to support non-household electricity consumers in context of Russia's war against Ukraine*
The European Commission has approved a €800 million Greek scheme to support non-household electricity consumers in the context of Russia's war against Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022 and amended on 20 July 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 war of aggression against Ukraine continues to negatively affect the EU and
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