A new batteries regulation will impact the design, production and waste management of all types of batteries manufactured or sold in the European Union. The new rules extend producer responsibility and require due diligence...more
Germany has finally published draft guidance on the long-awaited (Carbon) Contracts for Difference (or "CfD"). The first CfDs, previously announced in the European1 and German National2 Hydrogen Strategies of 2020, are...more
On 9 March 2023, the European Commission adopted the Temporary Crisis and Transition State aid Framework ("TCTF") aimed at boosting and retaining clean tech investments in Europe. The TCTF marks an unprecedented loosening of...more
3/28/2023
/ Batteries ,
Carbon Capture and Sequestration ,
Clean Energy ,
Energy Sector ,
EU ,
European Commission ,
European Economic Area (EEA) ,
Greenhouse Gas Emissions ,
Renewable Energy ,
Solar Panels ,
Technology Sector ,
Wind Power
On 28 October 2022, the European Commission adopted the second amendment to its State Aid Temporary Crisis Framework to support businesses affected by Russia's actions in Ukraine and the unfolding energy crisis.
White &...more
On 1 January 2022, the second amendment to the German Regulation for Critical Infrastructure ("Critical Infrastructure Regulation"/BSI-KritisV) entered into force. It will broaden the definition of Critical Infrastructures,...more
1/3/2022
/ EFTA ,
Energy Sector ,
EU ,
Financial Services Industry ,
Germany ,
Healthcare ,
Infrastructure ,
Insurance Industry ,
Software ,
Telecommunications ,
Traffic Laws ,
Transportation Industry
The latest amendment of the German FDI rules brings mandatory reviews for 16 additional "critical activities" – but also some welcomed clarifications. The amendment entered into force on May 1, 2021 and is applicable to all...more
The General Court has upheld a challenge to a 2016 Commission decision that had required Ireland to recover €13.2 billion in illegal State aid from Apple, on account of alleged preferential tax treatment for the...more
7/20/2020
/ Annulment ,
Apple ,
Corporate Taxes ,
EU ,
European Commission ,
Illegal State Aid ,
IP License ,
Ireland ,
Multinationals ,
Popular ,
Refunds ,
Reversal ,
State Aid ,
Subsidiaries
In anticipation of the wave of requests from stricken companies due to the COVID-19 outbreak for more long-term State support, on 8 May, the Commission extended the scope of its State aid Temporary Framework to allow Member...more
On April 28, 2020, the Federal Ministry of Economic Affairs and Energy (BMWi) published a draft for the 15th amendment to the Foreign Trade and Payments Ordinance (AWV). The changes are expected to be effective shortly after...more
On 3 April, the Commission adopted an Amendment to extend the Temporary Framework for State aid measures to support the economy in the COVID-19 outbreak adopted on 19 March (covered in our previous alert: European Commission...more
This document provides an overview of the main measures taken by European, Middle Eastern and Asian countries to mitigate the negative effects of the Coronavirus crisis on the economy. It is prepared for the general...more
The European Commission has now adopted a Framework of temporary State aid rules enabling Member States to adopt measures to support the growing number of businesses suffering because of the COVID-19 outbreak. This is the...more
3/25/2020
/ Banks ,
Coronavirus/COVID-19 ,
Emergency Response ,
EU ,
European Commission ,
Federal Grants ,
Federal Loans ,
Financial Distress ,
Interest Rates ,
Member State ,
Small and Medium-Sized Enterprises (SMEs) ,
State Aid ,
State of Emergency ,
Subsidies ,
Tax Credits ,
Tax Deferral ,
Treaty on the Functioning of the European Union (TFEU)
Last Friday, in response to the outbreak of the coronavirus pandemic (COVID-19), the German government announced various measures described as a big "bazooka" to avert a crisis in the Eurozone's largest economy. The German...more
3/22/2020
/ Compensation ,
Coronavirus/COVID-19 ,
Entrepreneurs ,
European Commission ,
European Investment Bank (EIB) ,
Germany ,
Liquidity ,
Member State ,
Multinationals ,
Relief Measures ,
Small Business Loans ,
Startups ,
State Aid ,
Treaty on the Functioning of the European Union (TFEU)
As the number of businesses around the EU affected by the COVID-19 outbreak grows, many Member States are considering or have announced substantial supporting packages in an effort to limit the impact of the outbreak on the...more
On Thursday, 27 March, the European Court of Justice of the European Union (ECJ) annulled the General Court's ruling and the European Commission's decision on the EEG 2012 on the grounds that it was wrong to conclude that the...more
4/11/2019
/ Electricity ,
EU ,
European Commission ,
European Court of Justice (ECJ) ,
Germany ,
Green Energy ,
Member State ,
Renewable Energy ,
Reversal ,
State Aid ,
State Budgets ,
Surcharges