| Author (Corporate) | European Commission: DG Competition |
|---|---|
| Series Title | Official Journal of the European Union |
| Series Details | C 426, Pages 1-34 |
| Publication Date | 09/11/2022 |
| Content Type | Policy-making |
Summary:Communication adopted by the European Commission on 28 October 2022, introducing amendments to the State Aid Temporary Crisis Framework which was introduced to enable Member States to use the flexibility foreseen under EU State aid rules to support the economy in the context of Russia's invasion of Ukraine. Further information:In March 2022, the European Commission adopted a Temporary Crisis Framework to enable Member States to support the economy in the context of Russia's invasion of Ukraine, hence complementing the already existing State Aid toolbox. In July 2022, a first amendment was adopted to complement the Winter Preparedness Package and in line with the REPowerEU Plan objectives. On 28 October 2022, further amendments were introduced by the Commission to this Framework. The tool was prolonged in view of the continued aggression by Russia, the feedback received from Member States of the European Union, and consultations held earlier in the month. The amendments also take into account the adoption of Regulation (EU) 2022/1854 and the draft law on a new emergency regulation to address high gas prices in the EU and ensure security of supply throughout the winter. This Communication replaces the Temporary Crisis Framework as adopted in March and amended in July. The Communication was published in the Official Journal on 9 November 2022. |
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| Source Link | Link to Main Source https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=uriserv:OJ.C_.2022.426.01.0001.01.ENG |
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| Subject Categories | Energy, Internal Markets |
| Subject Tags | Competition Law | Policy, Renewable Energy, Wars | Conflicts |
| Keywords | War in Ukraine (2022-) |
| International Organisations | European Union [EU] |
