Supporting R&D and innovation in Europe: new State aid rules

Author (Corporate)
Series Title
Series Details No.5, May 2014
Publication Date May 2014
ISSN 2315-3113
Content Type

Occasional papers by staff of the Competition Directorate–General of the European Commission about policy issues and key cases.With its State Aid Modernisation (SAM) initiative, the Commission is overhauling its State aid rules. The new rules encourage Member States to put in place well-designed aid measures that promote economic growth and contribute to other objectives of common interest. They also give more flexibility to Member States by exempting more aid measures from prior notification to the Commission, reducing the administrative burden. In this way, the Member States and the Commission can promote good aid and focus attention on the cases that matter. The new rules for State aid for research, development and innovation will support the EU's Europe 2020 strategy and are an important building block of SAM.

Source Link Link to Main Source http://ec.europa.eu/competition/publications/cpb/2014/005_en.pdf
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