| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/12/1316 (05.12.12) |
| Publication Date | 05/12/2012 |
| Content Type | News |
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In the context of its State Aid Modernisation (SAM) initiative, the European Commission has adopted proposals to amend two Council Regulations governing EU state aid control. The reform of the Procedural Regulation of 1999 is aimed at focussing state aid enforcement on the most significant distortions of competition in the internal market and to speed up decision making. The proposed amendments to the Enabling Regulation of 1998 would allow the Commission to adopt more block exemptions for aid with limited impact on the internal market, for example in the field of culture or innovation. The Commission proposals will now be discussed in Council and in the European Parliament. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-12-1316_en.htm |
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| Subject Categories | Internal Markets |
| Countries / Regions | Europe |