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HomeEuropeEC approves Polish aid scheme to support companies

Balanced News: EC approves Polish aid scheme to support companies

Our 'quick read' news summary

The European Commission has approved the aid scheme worth 3 billion euro to support companies in the Polish natural gas market. Under the scheme, Poland will support small and medium-sized enterprises (SMEs) and large companies in the gas market, with financial institutions excluded from the aid scheme. Margrethe Vestager, European Commissioner for Competition, pointed out “with this 3 billion euro scheme, Poland will ensure that sufficient liquidity remains available to companies active in the Polish gas market, which need support in this difficult context.”

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