| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/13/388 (30.04.13) |
| Publication Date | 30/04/2013 |
| Content Type | News |
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The European Commission has launched the third and final public consultation in its review of the state aid criteria it uses to assess Member States' support schemes for films and other audiovisual works. The criteria are set out in a draft Communication, on which the Commission invites comments by 28 May 2013. The final Communication is due to be adopted by the Commission in July 2013. EU Member States provide an estimated €3 billion per year in film support: €2 billion in grants and soft loans, as well as €1 billion in tax incentives. Around 80% of this is for film production. France, the UK, Germany, Italy and Spain offer the majority of this financial support. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-13-388_en.htm |
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| Subject Categories | Business and Industry, Internal Markets |
| Countries / Regions | Europe |
