European Parliament. Photo: Wikipedia

Brussels approve additional support for war-related losses in Germany

European Parliament. Photo: Wikipedia

The EU Commission approved an additional 11 billion euro state aid scheme directed to Germany. The umbrella scheme, as the Commission calls it, is complementary to the 20 billion euros allocated to Germany in late April. The extra funding will be used to compensate companies suffering financial losses due to the war in Ukraine and the related sanctions.

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Author: Nikos Papatolios

Nikos Papatolios is the Editorial Coordinator of RailFreight.com, the online magazine for rail freight professionals.

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Brussels approve additional support for war-related losses in Germany | RailFreight.com
European Parliament. Photo: Wikipedia

Brussels approve additional support for war-related losses in Germany

European Parliament. Photo: Wikipedia

The EU Commission approved an additional 11 billion euro state aid scheme directed to Germany. The umbrella scheme, as the Commission calls it, is complementary to the 20 billion euros allocated to Germany in late April. The extra funding will be used to compensate companies suffering financial losses due to the war in Ukraine and the related sanctions.

Do you want to read the full article?

Are you already a member?

Log in

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@promedia.nl.

 

Author: Nikos Papatolios

Nikos Papatolios is the Editorial Coordinator of RailFreight.com, the online magazine for rail freight professionals.

Add your comment

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