Europe
State aid: Commission approves €700 million Italian scheme
State aid: Commission approves €700 million Italian scheme to support companies in context of Russia's invasion of Ukraine
The European Commission (EC) is the executive branch of the European Union, responsible for proposing legislation, enforcing EU laws and directing the union's administrative operations. Commissioners swear an oath at the European Court of Justice in Luxembourg City, pledging to respect the treaties and to be completely independent in carrying out their duties during their mandate. (Wikipedia)
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State aid: Commission approves €700 million Italian scheme to support companies in context of Russia's invasion of Ukraine
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Today, the Commission is announcing a new aid package of €200 million to support displaced people in Ukraine, in the context of the International Donor's Conference convened jointly by Poland and Sweden.…
5 May 2022 · 2 min read
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Together with the four previous packages, these sanctions will further contribute to ramping up economic pressure on the Kremlin and cripple its ability to finance its invasion of Ukraine.
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