EU states allowed to help large energy consumers

Member states are to be able to compensate energy-intensive companies for half of the costs they incur due to the recent sharp rise in gas and electricity prices. This is provided for in the draft temporary framework for state aid, which the EU Commission sent to governments for consultation on Thursday and was published by „Contexte“. According to the draft, state aid is to be capped at €25 million per company. The prerequisite is that the company makes operating losses due to price increases following the Russian invasion of Ukraine.