The European Commission has adopted a new state aid Implementing Regulation. In the context of the State Aid Modernisation (SAM) initiative, State aid guidelines and frameworks have been modified. The Commission has therefore updated certain procedural rules set out in the Implementation Regulation in order to align notifications of planned state aid measures submitted by Member States with the new rules. The new Implementing Regulation contains revised notification forms and information sheets to be completed by Member States. It allows the Commission to collect all the necessary information for conducting a sound assessment.
The new Implementing Regulation also provides further guidance to Member States on how to comply with transparency requirements introduced by SAM. In particular, it includes which information Member States should publish about aid measures above a certain threshold. This will improve the transparency of public funding, reduce uncertainties and enable companies to check aid granted to competitors. The full text of the new regulation will be published on the DG Competition website today. It will then be published in the EU Official Journal and enter into force 20 days after its publication there.
read full article at Europa
No comments:
Post a Comment
Hi and thank you for your interest in sharing your view.
Please be aware that your message should follow the rules of creative criticism and knowledge/ideas sharing. No defamatory, insulting, hideous, hateful, inapropriate language or targeted messages would be posted.No trademark or IP violation will be allowed nor the promotion of any commercial services or products. Of course anything that can violate others' privacy is not allowed as well.
Last, but not least, mind that it is better to have a discussion than angry monologues.
That is all. Comments welcome!