Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/06/283 (9.3.06) |
Publication Date | 09/03/2006 |
Content Type | News |
The European Commission on 9 March 2006 proposed to exempt more small subsidies from the notification obligation under EC Treaty state aid rules. This was part of a wider initiative, the State Aid Action Plan, designed to simplify the state aid rules and refine the economic analysis of subsidies. The Commission proposed raising the ceiling of the current 'de minimis' Regulation from €100,000 to €150,000. Subsidies which do not exceed this threshold are not state aid and do not require prior notification to the Commission. The proposal also contains a number of safeguards to prevent abusive use of the provisions. |
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Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/06/283&format=HTML&aged=0&language=EN&guiLanguage=en |
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Subject Categories | Internal Markets |
Countries / Regions | Europe |