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State aid: better to notify than to defend

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發表於 2024-3-7 16:50:28 | 顯示全部樓層 |閱讀模式

These changes have not been brought about by reforms in the provisions of the treaties or european regulations on the matter, but by the approval by the commission of successive time frames in the matter with the aim of making the notification procedures more flexible and approval of state aid. The first one was the new temporary framework on state aid in the context of covid-19 which, partly following the model already adopted by the commission in 2008 during the financial crisis, was intended, according to the statement of the commissioner vestager when announcing the intention to adopt it, that companies have the necessary liquidity to maintain their activities, or that they can temporarily freeze them if necessary, and, that support for companies in a member state does not undermine the unity of the internal market.

This temporary framework was adopted in march  and remained  Italy Telegram Number Data in force, with various modifications, until june 2022, except in relation to the solvency support measures and investment that can be maintained until december 2023, and allowed the adoption by all member states of more than 980 aid measures for an amount exceeding 3,2 trillion euros. The new situation created by the russian invasion of ukraine and the energy crisis and supplies it has caused, led the commission to adopt in march 2022 a crisis time frame to allow member states to take certain measures to help companies affected by the crisis or by war-related sanctions and penalties, as well as to compensate companies for high gas and electricity prices.



This framework, also modified on several occasions, will remain in force, in principle, until december 2023. Finally, last week, the commission published a new crisis and transition time frame which modifies and extends the previous temporary framework with the aim of facilitating and accelerating europe's ecological transition, as part of the second pillar of green pact industrial plan presented on february 1. The new temporary framework will be in force in principle until december 2025, its purpose is stimulate investments in favor of a more rapid implementation of renewable energies and support the decarbonization of the industry and the production of the necessary equipment for the transition to net zero emissions. The new temporary framework is accompanied, in addition to a reform of the general regulation of exemption by categories with the essential purpose of expediting investment and financing for the production of clean technologies, facilitating the execution of important projects of common european interest and facilitating the granting of aid to regulate energy prices.


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