Brussels, 24/07/2007 (Agence Europe) - Following consultation of the member states, on Tuesday 24 July, the European Commission formally adopted a new regulation on “de minimis” aid to the fisheries sector. This is low level state aid which does not need to be notified to the Commission and which will not endanger competition in the internal market (see EUROPE 9217 for Commission's initial proposal).
Under the new regulation, which comes into effect seven days after its publication in...