Press Release: State aid: Commission authorises temporary scheme of flat-rate aid of up to €500 000 for businesses in Luxembourg

The European Commission has, under the state aid rules of the EC Treaty, authorised the first in a series of aid measures for businesses adopted by Luxembourg to deal with the current economic crisis. This measure will enable Luxembourg to grant until 31 December 2010 aid of up to €500 000 to businesses likely to have a structural impact on the national or regional economy.