| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/14/731 (25.06.14) |
| Publication Date | 25/06/2014 |
| Content Type | News |
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The European Commission on the 25 June 2014 approved Bulgaria's map for granting state aid between 2014 and 2020 within the framework of the new regional aid guidelines adopted by the Commission in June 2013. The new guidelines set out the conditions under which Member States can grant state aid to businesses for regional development purposes. They aim to foster growth and greater cohesion in the Single Market. Under Bulgaria's regional aid map, the entire territory of Bulgaria will be eligible for regional aid under Article 107(3)(a) of the Treaty on the Functioning of the European Union (TFEU) that allows Member States to grant aid in areas with a standard of living below EU average or high unemployment. The map will be in force from 1 July 2014 to 31 December 2020. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-14-731_en.htm |
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| Subject Categories | Internal Markets |
| Countries / Regions | Bulgaria, Europe |
