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Image header Agence Europe
Europe Daily Bulletin No. 13310
Contents Publication in full By article 32 / 39
NEWS BRIEFS / State aid

European Commission raises regional aid ceilings for province of Hainaut

08/12/2023 (Agence Europe)On Friday 8 December, the Commission approved the modification of the regional State aid map for Belgium for the period 2022-2027. This amendment adds the entire province of Hainaut, whose per capita gross domestic product is less than 75% of the EU average, to the list of regions eligible for regional investment aid as a disadvantaged region. The maximum amount of aid for large companies in the province of Hainaut can therefore be increased to 40% for investments made by medium-sized companies and 50% for investments made by small companies, for their initial investments with eligible costs not exceeding €50 million. The amended map will be in force from 1 January 2024 to 31 December 2027. (EV)

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