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Europe Daily Bulletin No. 8828

17 November 2004
Contents Publication in full By article 24 / 30
GENERAL NEWS / (eu) eu/state aid
Most new Member States grant more State aid than old ones

Brussels, 16/11/2004 (Agence Europe) - According to the score board published on Tuesday by the Commission, the ten new Member States of the EU grant much more State aid to their businesses than the fifteen "old" Member States. On average, public aid in the new Member States represented 1.42% of GDP for the period 2000-2003, considerably higher than the 0.4% average for the EU15 in 2002. Malta (3.9% of GDP), Cyprus (2.9%) and the Czech Republic (2.8%) are the three most generous of the new...

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GENERAL NEWS