| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/14/714 (25.06.14) |
| Publication Date | 25/06/2014 |
| Content Type | News |
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The European Commission on the 25 June 2014 set out revised and updated criteria under which Member States can support agriculture, forestry and rural areas, in line with EU state aid rules. This is part of the Commission's State Aid Modernisation (SAM) initiative, aimed at fostering growth and competitiveness in the EU, and goes hand in hand with the Common Agricultural Policy, more particularly with the new rural development policy of the EU. In more precise terms, the Commission has adopted a new Agricultural Block Exemption Regulation (ABER) and new Guidelines for State aid in the agricultural and forestry sectors and in rural areas 2014 to 2020 (GL). ABER allows the granting of certain categories of State aid to the agricultural and forestry sectors and in rural areas without prior notification to the Commission. The GL aim at setting the general criteria which will be used by the Commission when assessing the compliance of aid with the internal market. These new rules will apply from July 1, 2014. These new ABER and Guidelines were developed following wide consultation with the public and stakeholders. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-14-714_en.htm |
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| Subject Categories | Internal Markets |
| Countries / Regions | Europe |
