European Commission
Commission adopts new general rules for small amounts of state aid and for services of general economic interest
The European Commission has adopted two regulations amending the general rules for small amounts of aid (de minimis Regulation) and for small amounts of aid for Services of General Economic interest, such as public transport and healthcare (SGEI de minimis Regulation). The revised regulations, which exempt small aid amounts from EU State aid control since they are deemed to have no impact on competition and trade in the Single Market, will enter into force on 1 January 2024 and will apply until 31 December 2030.
Executive Vice President Margrethe Vestager (pictured), in charge of competition policy, said: “The revised de minimis regulations raise the exemption ceilings to cater for inflation, making it easier and faster to provide small amounts of aid. The revised rules will also introduce a central register to facilitate the control of the de minimis ceilings. This will reduce the burden for undertakings, in particular SMEs, as they will no longer need to self-monitor compliance. At the same time, the revised rules ensure competition is not distorted in the Single Market.”
A press release will be available online.
Share this article:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
-
Sport4 days agoWho will win the 2026 World Cup? Data points to Spain
-
China-EU5 days agoChinese and European Youth Invited to Showcase Creativity in International Cartoon and Short Video Contest
-
Aviation Strategy for Europe5 days agoCommission updates EU Air Safety List: Air Express Algeria added, air carriers from Kyrgyzstan removed
-
Transport5 days agoEU advances zero-emission truck corridors and autonomous vehicle testbeds
