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Parliament will hold public consultations on the bill regarding state aid

On August 21, Parliament will hold public consultations on the draft of a new law on state aid. The consultations are being organized jointly by the Committee on Economy, Budget, and Finance and the Committee on European Integration.
Svetlana Rudenco Svetlana Rudenco Reading time: 1 minute
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As a reminder, the draft provides for new rules governing state aid, including a prior notification procedure, an assessment of large aid schemes, and new transparency requirements.

Specifically, schemes with an average annual budget exceeding 150 million euros will be subject to ex post evaluation, and information on individual aid exceeding 100,000 euros must be published.

The draft also establishes a 10-year deadline for the recovery of unlawful and incompatible state aid, including accrued interest.


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