On Wednesday 15 March, the European Commission welcomed the first positive conclusions from the modernisation of its State aid policy.
The State aid scoreboard it published on Wednesday shows that around 95% of the new aid measures for which the expenditure has been declared was granted under the new General Block Exemption Regulation (GBER) and so could be disbursed without the prior authorisation of the Commission and, therefore, more quickly.
Nearly 43% of total expenditure on aid to...