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E.U.: Commission prolongs guidelines on state aid for rescuing and restructuring firms in difficulty

By  |  December 20, 2012

The European Commission has prolonged EU guidelines on state aid for the rescue and restructuring of companies in financial difficulty. The EU Commission is reflecting on a review of the guidelines in the context of the recently launched state aid modernization (SAM) initiative. In the broader context of the EU’s agenda to foster growth, state aid policy should focus on facilitating well-designed aid targeted at market failures and objectives of common European interest.

Full Content: EC News

Related Content: Stability and Competition in EU Banking During the Financial Crisis:  The Role of State Aid Control

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