A PYMNTS Company

UOKiK raises awareness of future changes to EC state aid policy

 |  May 30, 2012

The Polish Office of Competition and Consumer Protection, in cooperation with the Danish Ministry of Business and Growth, held an event on May 29 and 30 to discuss future changes to EU state aid policy. The event, International State Aid Days, debated the European Commission’s draft proposal to decrease regional aid value. Under the terms of the proposal, Poland–as well as other Member states with GDP below 75 percent of the EU average–will see the intensity of its regional aid shrink from 30-50 percent to 25-35 percent within 1.5 years. Small businesses would get 45-55 percent, down from 50-70 percent. The revisions also call for restricting aid for large businesses, a move opposed by countries like Poland, France, Germany, Spain, and Ireland.

Full content: UOKiK Press Release

 

Related content: Some Reflections on the European Commission’s State Aid Policy (Philip Lowe, European Commission)

 

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.