Press Release: State aid: Commission consults on draft guidelines for supporting firms in difficulty

The European Commission on 5 November 2013 invited comments on the conditions under which Member States can grant public funding to rescue and restructure firms in difficulty.

The proposal aims to ensure that such support is targeted at the cases where it is needed most and that investors in failing firms carry their share of the costs of restructuring, rather than leaving the burden for taxpayers to bear.

Comments can be submitted until 31 December 2013. The Commission plans to adopt new guidelines in the first half of 2014.