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EC embarks on ambitious state aid reform program

By  |  May 8, 2012

The European Commission has set out an ambitious state aid reform program in the adoption of a Communication on State Aid Modernisation (SAM). The SAM lists three objectives:

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    • Foster growth in a strengthened, dynamic and competitive internal market
    • Focus enforcement on cases with the biggest impact on the internal market
    • Streamlined rules and faster decisions

    To accomplish these goals, the Commission proposes to revise the State aid guidelines, beginning with the guidelines on Regional Aid, Research & Development & Innovation, Environmental aid, Risk Capital and Broadband. The Block Exemption Regulation and the Council Enabling Regulation are also to be revised, and procedures for handling complaints will be modernized.

    Full content: EC Press Release

     

    Related content: The New Verticals Block Exemption Regulation and Guidelines—Practical Implications (Kyriakos Fountoukakos & Kristien Geeurickx, Herbert Smith)

     

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