On Wednesday 4 October, the European Commission adopted an amendment to the “de minimis” regulation concerning the fisheries and aquaculture sector. De minimis aid consists of small amounts of aid that are exempt from State aid control as they are deemed not to have any impact on competition and trade within the European internal market.
The amendment to the regulation adopted on 4 October will first raise the ceiling for de minimis aid from €30,000 to €40,000 per company over a...