May 01, 2009

State Aids simplification

A simplification package to improve the effectiveness, transparency and predictability of EU state aid decisions was adopted by the European Commission on 29 April. The package includes a Best Practice Code to provide practical guidance on ''day-to-day'' process issues, particularly as regards the duration, transparency and predictability of complicated Commission decisions not covered by the General Bloc Exemption Regulation and not put forward in the context of the current financial and economic crisis (where specific and temporary frameworks apply). The code is based on a joint Commission-Member States commitment and voluntary arrangements whereby the former will enhance the quality and completeness of notifications provided the latter react promptly and completely to case-related requests.


The second element is a Simplified Procedure Notice document. This aims to improve the Commission's treatment of more straightforward cases which are based on previous decisions, measures and guidelines. It is the Commission's intention that this mechanism should allow for the approval of clearly compatible aids decisions within one month. The Notice includes an illustrative list of aid measures, including certain SMEs, environmental, innovation and rescue and restructuring aid, which are in principle eligible for simplified treatment. Interested stakeholders will henceforth be able to comment on the envisaged aid measure.


http://ec.europa.eu/competition/state_aid/reform/reform.html

Posted by iroronan at May 1, 2009 08:24 PM

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