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Image header Agence Europe
Europe Daily Bulletin No. 10511
Contents Publication in full By article 10 / 31
ECONOMY-FINANCE-BUSINESS / (ae) state aid

New shipbuilding aid framework

Brussels, 07/12/2011 (Agence Europe) - On Wednesday 7 December, the European Commission adopted revised rules for assessing state aid for shipbuilding to take account of the more specialised nature of today's shipbuilding industry. The new framework, in particular, prolongs and streamlines the rules on aid for innovation in shipbuilding, which are unique in EU state aid law, and extends the scope of these rules to new specialised market segments.

The new framework will enter into force on 1 January 2012 to 31 December 2013. It extends the scope of the current rules to inland waterway vessels, as well as floating and moving offshore structures, and further provides refined rules on innovation aid. It clarifies the process for establishing the innovative character of projects to be subsidised, in line with the Commission's practice. Rules on export credits and regional aid remain unchanged. Finally, the framework no longer contains specific provisions related to closure aid, employment aid and development aid, because they had either not been used under the old framework or were not specific to shipbuilding. In addition, aid to shipbuilding may continue to be granted under all horizontal state aid instruments, unless otherwise provided for in those instruments.

After 2013, the Commission envisages that the provisions on innovation aid will be integrated in the future version of the EU framework for state aid for research and development and innovation, and the provisions on regional aid in the revised Regional Aid Guidelines. Both sets of horizontal rules will need to be reviewed by then. For further details about the new framework: http://www.ec.europa.eu/competition/state_aid/ legislation/specific_rules.html. (FG/transl.fl)

Contents

INSTITUTIONAL
SOVEREIGN DEBT CRISIS
ECONOMY-FINANCE-BUSINESS
SECTORAL POLICY
EXTERNAL ACTION