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European Commission Approves Finnish Scheme to Support Companies in Context of Russia's Invasion of Ukraine

16 June 2022

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Approved Changes

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European Union-Finland

The European Commission has announced its approval of a Finnish scheme designed to support companies in the context of Russia's invasion of Ukraine. --- State aid: Commission approves 500 million Finnish scheme to support companies in context of Russia's invasion of Ukraine The European Commission has approved an €500 million scheme to support companies active in the context of Russia's invasion of Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022, based on Article 107(3)(b) of the Treaty on the Functioning of the European Union ('TFEU'), recognising that the...