| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/14/588 (21.05.14) |
| Publication Date | 21/05/2014 |
| Content Type | News |
|
On 31 May 2014, as a cornerstone of its State Aid Modernisation (SAM) initiative, the European Commission introduced new transparency requirements concerning state aid granted by Member States to undertakings. For each state aid award above €500,000, Member States would be required to publish the identity of the beneficiary, the amount and objective of the aid and the legal basis. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-14-588_en.htm |
| Subject Categories | Internal Markets |
| Countries / Regions | Europe |