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.
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