Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure BE-2023-6/3114 – measures in Belgium
Country |
Belgium
, applies regionally
|
Time period | Temporary, 06 February 2023 – 05 March 2023 |
Context | War in Ukraine, Cost of Living Crisis |
Type | Legislations or other statutory regulations |
Category |
Promoting the economic, labour market and social recovery into a green future
– Support for energy bills |
Author | Dries Van Herreweghe (Katholieke Universiteit Leuven) and Eurofound |
Measure added | 22 February 2023 (updated 20 March 2023) |
The Walloon regional government aims to support companies confronted with significant issues because of the energy crisis. This support is part of the temporary crisis framework adopted by the European Commission to support the economy in the context of the ongoing war.
Companies that believe to be eligible can apply for a premium in order to alleviate the pressure created by the increase in costs.
A subsidy is provided to Walloon companies that have been struck by these rising costs. They can apply via a digital platform and complete their application on it. This platform is operational between 6 February 2023 and 5 March 2023. However, certain conditions apply, namely:
The amount of the premium varies according to the energy consumption of the company in question and varies from a reimbursement of energy costs of 20-35%. The budget of the measure is €175 million.
There has been no uptake data at the time of writing.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers | Applies to all businesses | Does not apply to citizens |
Actors | Funding |
---|---|
Local / regional government
|
Regional funds
|
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | Unknown | Unknown |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
Involvement of social partners is unknown.
Views of social partners are unknown.
Citation
Eurofound (2023), Help for companies affected by the rise in energy prices, measure BE-2023-6/3114 (measures in Belgium), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/BE-2023-6_3114.html
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30 January 2023
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