The Walloon parliament can now grant direct aid to businesses. The aim is to avoid a series of cessations of activities and to guarantee a sufficient level of competitiveness in order to maintain their activities in Wallonia.
The Walloon Parliament unanimously approved, on Wednesday, the proposal for a decree, supported by the majority, aimed at implementing the legislative framework allowing the granting of direct aid companies in order to avoid a series of cessations of activities and guarantee a sufficient level of competitiveness in order to maintain their activities in Wallonia. It is to give sufficient amplitude in the government so that it can put in place the necessary aid for companies, the self-employed and non-profit organizations subject to VAT without contravening the European framework, explained the deputy MR Sabine Laruelle.
As a reminder, last March the European Commission adopted a temporary crisis framework for State aid in order to allow Member States to exploit the flexibility foreseen by the rules on State aid in the purpose of supporting the economy in the context of Russia’s invasion of Ukraine. This temporary crisis framework allows Member States in particular to grant aid intended to compensate companies due to high energy prices, this support may be granted in any form, including direct subsidies.
“Determination to go fast”
At the end of its budgetary conclave, the Walloon government for its part announced that it had mobilized 505 million euros to support businesses facing the energy crisis. Out of this amount, an envelope of 175 million euros has been made available with a view to setting up direct aid.
Faced with questions from the opposition, in particular on the timing of the implementation of this aid and on who precisely will be helped, the Walloon Minister of the Economy Willy Borsus promised clarity in a government decree which will be quickly examined. by the executive. “Our desire is to go fastwith, among other things, an advance mechanism” for all those concerned, he assured.
The Walloon Parliament unanimously approved, on Wednesday, the proposal for a decree, carried by the majority, aimed at setting up the legislative framework allowing the granting of direct aid to companies in order to avoid cessation of activities. chain and guarantee a sufficient level of competitiveness in order to maintain their activities in Wallonia. It is a question of giving sufficient amplitude to the government so that it can put in place the necessary aid for companies, the self-employed and non-profit organizations subject to VAT without contravening the European framework, explained the deputy MR Sabine Laruelle. As a reminder, last March the European Commission adopted a temporary crisis framework for State aid in order to allow Member States to exploit the flexibility foreseen by the rules on State aid in the purpose of supporting the economy in the context of Russia’s invasion of Ukraine. This temporary crisis framework allows Member States, among other things, to grant aid intended to compensate companies for high energy prices, which support may be granted in any form whatsoever, including in the form of direct grants . At the end of its budgetary conclave, the Walloon government for its part announced that it had mobilized 505 million euros to support companies facing the energy crisis. Out of this amount, an envelope of 175 million euros has been made available with a view to setting up direct aid. Faced with questions from the opposition, in particular on the timing of the implementation of this aid and on who precisely will be helped, the Walloon Minister of the Economy Willy Borsus promised clarity in a government decree which will be quickly examined. by the executive. “Our desire is to go quickly, with, among other things, an advance mechanism” for all those concerned, he assured.
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