Dáil Éireann Debate, Thursday - 9 February 2023
110. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment further to Parliamentary Question Nos. 38 and 39 of 1 February 2023, in what way both streams of the Ukraine enterprise crisis scheme are being augmented; and the changes to the scheme that will come about. [6227/23]
Amharc ar fhreagraFollowing EU Commission amendment, on 28 October 2022, the overall duration of the Temporary Crisis Framework (TCF) is extended until 31 December 2023 and 31 March 2024, under certain conditions. The aid ceilings have increased to a maximum of €2 million from €500,000 for Stream 1 and up to €4 million from €2 million in the case of energy intensive firms in Stream 2.
On 13 December 2022, the Government approved the amendments to the Scheme in accordance with the amended TCF parameters and time extensions.
Government also agreed that in the interim, since the existing Scheme expired on 31 December 2022, that a prolongation of the existing Scheme be sought from the EU Commission to ensure continuity in aid available for viable but vulnerable eligible businesses. EU Commission approval has been granted for both the prolongation of the existing Scheme and for implementation of the augmented Scheme.
Sanction by the Department of Public Expenditure and Reform is currently awaited to implement the augmented Scheme.
