E.U. Adopts New State Aid Regulations

Law360 (December 12, 2006, 12:00 AM EST) -- The European Commission has approved new laws that exempt E.U. member states from reporting subsidy payments if the amount does not exceed €200,000 over the course of three years.

Approved Tuesday, the laws raise the state aid review exemption threshold from the current level of €100,000. Loan guarantees are also covered by the new rules, provided that the loan amount doesn’t exceed €1.5 million.

“This new regulation will allow member states and the Commission to save time and resources by outlining how small support schemes can...
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