Luxembourg companies to receive another 150 million euros of financial support

150 million euros will be allocated by the state to support companies due to the ongoing war in Ukraine. The deadline for applying for assistance has also been extended to December 31, 2023. Companies affected by rising energy prices will now be able to receive direct subsidies from the state. The maximum amount of the subsidy will be 500 thousand euros. The decision was supported by the European Commission, which expressed approval of the measures taken in an open letter.