The European Commission wants re-vamped state aid rules to be part of Europe’s 2020 growth strategy, according to a paper released on Tuesday (8 May) by the EU executive.
In a paper on ‘EU State Aid Modernisation’, EU Competition Commissioner Joaquin Almunia stated that governments should be able to subsidise projects, particularly on green technologies and innovation that would otherwise not obtain funding from the private sector.
The Commission claims that “better targeted stat...
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Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.