| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/06/1704 (7.12.06) |
| Publication Date | 07/12/2006 |
| Content Type | News |
|
The European Commission has decided that one of the largest German regional aid schemes, the 2007 investment premium law (‘Investitionszulagengesetz’), is in line with EC Treaty state aid rules (Article 87), as far as investment projects initiated in 2006 are concerned. The remainder of the scheme, concerning projects started after 2006, will be covered by the new block exemption Regulation for regional investment aid (see IP/06/1453) and so will be exempt from notification and will not need to be approved by the Commission. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/06/1704&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Internal Markets |
| Countries / Regions | Germany |
