RSSState aid

#StateAid – Commission approves €431 million public support for #CleanerTransport in #Germany

#StateAid – Commission approves €431 million public support for #CleanerTransport in #Germany

| June 20, 2019

The European Commission has found German plans to support the retrofitting of municipal and commercial diesel vehicles to be in line with EU state aid rules. The measure should contribute to reducing nitrogen oxides emissions by 1,450 tonnes per year, while limiting distortions of competition. Commissioner Margrethe Vestager, in charge of competition policy, said: “Tackling air pollution […]

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#StateAid – Commission approves prolongation of Greek bank guarantee scheme

#StateAid – Commission approves prolongation of Greek bank guarantee scheme

| June 13, 2019

The European Commission has authorized the prolongation of the Greek guarantee scheme for credit institutions until 30 November 2019 under EU state aid rules. The liquidity situation of the Greek banks is gradually improving, but challenges still remain. In this context, the Commission has found that the prolongation of the guarantee scheme is in line […]

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#StateAid – Commission approves prolongation of Portuguese guarantee scheme on #EIB lending

#StateAid – Commission approves prolongation of Portuguese guarantee scheme on #EIB lending

| May 21, 2019

The European Commission has approved, under EU state aid rules, a prolongation of a Portuguese guarantee scheme on European Investment Bank (EIB) lending until 20 November 2019. The scheme covers state guarantees to banks that guarantee EIB loans granted to companies in Portugal. The Commission found the prolongation of the scheme to be in line […]

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#StateAid – Commission approves €385 million support for production of #Electricity from renewable sources in #Lithuania

#StateAid – Commission approves €385 million support for production of #Electricity from renewable sources in #Lithuania

| April 24, 2019

The European Commission has approved, under EU state aid rules, a scheme to support electricity production from renewable energy sources in Lithuania. The measure, open to all types of renewable generation, will contribute to the EU environmental objectives without unduly distorting competition. Commissioner Margrethe Vestager, in charge of competition policy, said: “The scheme will contribute to […]

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#StateAid – Commission finds sale of Austria’s 25% shareholding in Hypo Steiermark to Raiffeisen-Landesbank Steiermarkinvolves no state aid

#StateAid – Commission finds sale of Austria’s 25% shareholding in Hypo Steiermark to Raiffeisen-Landesbank Steiermarkinvolves no state aid

| January 23, 2019

The European Commission has found that the sale by the Austrian State of the 25% plus 2 shares it holds in Landeshypothekenbank Steiermark AG (“Hypo Steiermark”) to private bank Raiffeisen-Landesbank Steiermark AG does not involve State aid within the meaning of EU rules. Raiffeisen-Landesbank Steiermark already holds 75% minus 2 shares of Landeshypothekenbank Steiermark and […]

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#StateAid – Commission approves a €320 million scheme to support biomass energy installations close to forests at risk of fires in #Portugal

#StateAid – Commission approves a €320 million scheme to support biomass energy installations close to forests at risk of fires in #Portugal

| January 9, 2019

The European Commission has approved, under EU state aid rules, a Portuguese scheme to support biomass energy installations located close to forest areas regarded as “critical”, due to the risk of fires. The new installations will produce both electricity and combined heat and power (cogeneration). The measure aims to incentivise forest owners to clean the […]

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#StateAid – Commission adopts two decisions recommending taxation of ports in Italy and Spain

#StateAid – Commission adopts two decisions recommending taxation of ports in Italy and Spain

| January 9, 2019

The European Commission has proposed, in two separate decisions, that Italy and Spain align their taxation of ports with state aid rules. Cross-border competition plays an important role in the ports sector and the Commission is committed to ensuring a level playing field in this key economic sector. Ports carry out both non-economic (e.g. maritime […]

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