On Friday 28 July, the European Commission found that the Belgian €20 million scheme to facilitate the rescue and restructuring of small and medium-sized Wallonian businesses was compatible with EU rules on state aid.
Under this scheme, the public company Société wallonne de Gestion et de Participation (SOGEPA) may offer financial support to small and medium-sized enterprises (SMEs) in Wallonia in financial difficulties, for rescue or restructuring actions. This financial support will be...