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Image header Agence Europe
Europe Daily Bulletin No. 9326
Contents Publication in full By article 20 / 36
GENERAL NEWS / (eu) eu/state aid

Commission adopts new de minimis regulation, exempting aid notification below €200,000

Brussels, 12/12/2006 (Agence Europe) - The Commission has adopted a regulation exempting small subsidies from having to be notified to the Commission in advance for clearance. This new regulation allows for aid not exceeding €200,000, granted over aperiod of three years, not to be considered as state aid. Loan guarantees will also be covered as long as the guaranteed part of the loan does not go above €1.5 million. The regulation will come into effect in January 2007, when the previous...

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