| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/07/465 (4.4.07) |
| Publication Date | 04/04/2007 |
| Content Type | News |
|
The European Commission has adopted a draft regulation raising the ceiling for small amounts of aid (“de minimis” aid) in the agriculture sector to €6,000 per beneficiary over any period of three years and the maximum total per Member State to 0.6% of the value of agricultural output. It also sets out a clearer definition of the scope of such aid. The draft regulation gives the Member States greater room for manoeuvre in granting aid without distorting competition. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/465&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Business and Industry |
| Countries / Regions | Europe |