| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/08/764 (20.05.08) |
| Publication Date | 20/05/2008 |
| Content Type | News |
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The European Commission adopted a new Notice on state aid in the form of guarantees. The text set out clear and transparent methodologies to calculate the aid element in a guarantee and provides simplified rules for SMEs, including predefined safe-harbour premiums and single premium rates for low-amount guarantees. The new Notice was foreseen in the State Aid Action Plan as part of the Commission's efforts to clarify and simplify the state aid rules. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/764&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Business and Industry, Internal Markets |
| Countries / Regions | Europe |
