Comparison temporary crisis framework

On 22 March the EU has introduced its "temporary crisis framework" as a response to various economic repercussions of Russia's war against Ukraine, in particular the rapidly emerging energy-price inflation. This temporary crisis framework has been amended by the EU on 20 July 2022, in particular with regard to the maximum aid amounts, the effective implementation of the framework, additional investments in renewables and diversification of energy supplies.

So far, a large number of member states have launched state aid under this scheme, including inter alia France, Germany, Italy, Ireland, Spain, Finland, Luxembourg, Greece and Portugal.

Against this background Simmons & Simmons offices in Germany, France, Ireland, Italy, Spain and the Netherlands have put together a comparison table regarding the different state aid measures jurisdictions are implementing in relation to the war in Ukraine, covering the following:

• Planned or already adopted state-aid measures with the aim to tackle the economic repercussions from the war in Ukraine and/or energy price inflation;
• The progress of the (intended) measures (e.g. planned, implemented, parliamentary approval outstanding etc.);
• Summary of which measures the relevant state-aid scheme consists (e.g. government backed loans, state guarantees, direct subsidies, equity measures, mezzanine measures) and provision of a short description of such measures (availability period, maximum loan amounts, maturities, percentage of guarantee cover);
• Eligibility for the relevant measure (e.g. thresholds applying to turnover, energy-intense users, workforce etc.); and
• Information regarding the application.