Brussels, 19/05/2016 (Agence Europe) - The European Commission provided clarification on Thursday 19 May on what it understands by “state aid” that breaches EU law as it could distort competition. It believes that this guidance will facilitate public investment in the EU by helping member states and companies to design public funding in ways which do not distort competition.
It says that public investment for the construction or upgrade of infrastructure does not constitute state aid,...