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Image header Agence Europe
Europe Daily Bulletin No. 9326
Contents Publication in full By article 18 / 36
GENERAL NEWS / (eu) eu/state aid

Latest scoreboard reveals increase in aid for horizontal objectives

Brussels, 12/12/2006 (Agence Europe) - According to the latest scoreboard compiled by the European Commission, the total amount of state aid granted by the 25 EU Member States in 2005 came to an estimated €64 billion (0.59 of EU GDP), compared with €65 billion (0.61% of GDP) in 2004. EU-wide, the response to the Council's call for a reduction in state aid has been moderate. However, Member States have reacted positively to the second Council objective of “better targeted aid”, says...

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