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News Wire / economy

EU Framework Allows State Aid For Energy Costs

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The European Commission has introduced a new energy package designed to assist member states in tackling the ongoing energy crisis. The Commission will regularly review these relaxations based on the progress of the war. Energy costs for some producers have increased by up to 70 percent compared to previous levels. The European Commission is considering measures to reduce pressure on specific sectors, such as the livestock industry. These measures may include allowing temporary assistance for certain company prices. The report noted that over 27 billion euros have been involved in recent economic developments. The European Commission is developing a temporary national aid framework to mitigate the impact of the Middle East crisis on key sectors.

The European Commission has introduced a new energy package designed to assist member states in tackling the ongoing energy crisis. The Commission will regularly review these relaxations based on the progress of the war. Energy costs for some producers have increased by up to 70 percent compared to previous levels. The European Commission is considering measures to reduce pressure on specific sectors, such as the livestock industry. These measures may include allowing temporary assistance for certain company prices. The report noted that over 27 billion euros have been involved in recent economic developments. The European Commission is developing a temporary national aid framework to mitigate the impact of the Middle East crisis on key sectors. European Commission Executive Vice President Teresa Li Wei-la stated that energy transition remains the most effective strategy for European growth and resilience. However, she noted the need for an immediate response to recent surges in energy prices. The framework aims to support the continued development of core EU industries. Commission President Ursula von der Leyen was in France on the day of the announcement. Targeted sectors include agriculture, fishing, transport, and energy-intensive industries.

Topics

EU energy crisis policy

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Sources · 7 independent

Bluesky Social

“EU-kommissionen lägger nu fram ett energipaket för att hjälpa medlemsländerna att tackla energikrisen. Och läget är allvarligt. – Den här krisen är förmodligen lika allvarlig som 1973 och 2022 års kri...”

RTP Antena 1

“A vice-presidenta comissão, Teresa Reibera, apresenta também soluções para os estados apoiarem as empresas com uso intensivo de eletricidade. Quando nos pedido que proporcionássemos o mais alívio nas faturas de eletricidade, o que fazemos agora é alargar temporariamente as nossas regras permanentes dos sistemas para estes setores”

RTP Antena 1

“em os petróleores 28 de fevereiro, introduzimos 50% do consumo de eletricidade elegível, aumentamos agora essa percentagem para 70%.”

BR24

“Die EU-Kommission hat heute einen entsprechenden befristeten Aktionsplan verabschiedet. Deutschland darf außerdem den Industriestrompreis ausweiten. Bis Ende des Jahres sollen die Lockerungen gelten.”

BR24

“Die Extra-Kosten für Energie können den Kommissionsplänen zufolge nun bis zu die den Kriegstrompreis ausweiten. 70% statt bisher 50% aufgefangen werden. Außerdem sollen direkte Hilfen von bis zu 50.000 Euro einfach und ohne großen bürokratischen Aufwand vergeben werden können.”

SWR Aktuell

“Die E-Kosten für Energie in den Kommissionsprofolgen nun bis zu 70 Prozent, die bisher 50 Plänt aufgefangen werden. Außerdem direkte Hilfen zu 50.000 auch einfach und ohne bürokratischen Aufwand vergeben werden können.”

Iran International

“the European Commission is looking to reduce pressure on sectors, such as the livestock industry, and allow temporary assistance for certain company prices.”

CRI News Radio

“This temporary framework will buffer the impact of the crisis and support the continued development of core EU industries such as agriculture, fisheries, and transportation.”

Radio Romania Intl

“Noul program se numeste cadrul temporar pentru ajutoare de stat în contextul crizei din orientul mijlociu... statele membre vor putea compensa până la 70% din costurile suplementare”

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