Saturday, 28 April 2012



Brussels prepares new rules on 'flexible' EU state aid

13:31 27 APR 2012 

(AGI) Brussels - An internal EC memo has Brussels poised to review its policy on state aid with a view to promoting growth.
  The prospective review is due up for formal discussion and approval during the European Commission's May 8 competition meetings chaired by Commissioner and EC Vice-President Joaquin Almunia. The internal memo points to "an overall reform" of rules concerning state aid oversight, "focusing on growth-promoting subsidies." .