On 9 March 2023, the European Commission published the new text of the Temporary Crisis and Transition Framework.
The new text of the framework aims to make EU State aid rules simpler and more flexible so that EU policy objectives can be more easily achieved in these times of crisis and ecological transition.
The new rules will enable companies to access significant funding that can translate into unique opportunities if exploited to their full potential.
Our Competition/Antitrust Practice breaks down the main news about the Green Deal Industrial Plan and the amendments arising from the temporary framework in the document available here.