Energy prices: Brussels approves billions in aid for companies

Germany may support energy-intensive companies with around €27.5 billion. On Friday, the EU Commission gave the green light for a corresponding aid measure. Specifically, this involves indirect emission costs being reimbursed by the state for the years 2021 to 2030. This is the part of the higher electricity prices caused by the increased CO2 price under the European Emissions Trading Scheme (ETS).