Press Release: State aid: Commission approves aid for information technology projects in Lithuania

The European Commission concluded on the 25 June 2014 that a Lithuanian scheme aimed at boosting the information technology (ICT) sector in Lithuania is in line with EU state aid rules. In particular, the Commission has concluded that the measure contributes to EU cohesion policy objectives by furthering the development of Lithuania's less advantaged regions without unduly distorting competition in the Single Market.

In addition, the investments linked to the scheme are expected to further the development of fibre optics networks, improving Lithuania's connectivity to European fibre infrastructure. The European Commission therefore concluded that on balance the positive aspects of the scheme outweigh any potential distortions of competition resulting from the state support.

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