State aid: new Temporary Crisis, Transition Framework and amendments to GBER Regulation
The new temporary state aid framework adopted by the Commission under the Green Deal Industrial Plan will allow the 27 to better support investments functional to the transition to a zero-emission economy and the Union's energy autonomy, in synergy with Brussels' changes to the General Block Exemption Regulation.
The legislation presented by the Commission on March 9 goes to amend and extend the current Temporary Framework on State Aid, the Temporary Framework adopted on March 23 to support the economy in the context of the war in Ukraine and then amended on July 20 and October 28 last year in light of the energy crisis and inflationary pressures. Together with the amendment to the General Block Exemption Regulation, the Temporary Crisis and Transition Framework will serve to accelerate investment in clean energy production in the EU, the so-called Net-zero investments, while protecting the level playing field in the single market and cohesion objectives, European Competition Commissioner Margrethe Vestager assured.
The Commission's proposals on th