Press Release: State aid: Commission invites comments on rules applying to small aid amounts (de minimis Regulation)

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Series Title
Series Details IP/12/848 (26.7.12)
Publication Date 26/07/2012
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In the context of its state aid modernisation initiative (SAM), the European Commission has launched a review of its Regulation applying to small aid amounts - the so-called "de minimis" Regulation (No 1998/2006). Under this Regulation, aid measures below €200,000 are outside the scope of EU state aid control and therefore do not require prior Commission approval (see IP/06/1765 and MEMO/06/482). The first step of the review process is a public consultation, focused on public authorities' and stakeholders' experience with the current Regulation. Submissions can be made until 18 October 2012. In light of the contributions received, the Commission will prepare a revised draft regulation by the end of 2013.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/848&format=HTML&aged=0&language=EN&guiLanguage=en
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