12/01/2021 | Press release | Distributed by Public on 12/01/2021 06:51
The EFTA Surveillance Authority (ESA) has today adopted new regional aid guidelines for the period 2022 to 2027. These guidelines are equivalent to the guidelines adopted by the European Commission.
The regional aid guidelines set out rules under which the EEA EFTA States can provide state aid to support the economic development of disadvantaged areas.
"The new regional aid guidelines have been simplified based on experience. The guidelines can now better contribute to the green and digital transitions, while at the same time ensuring a level playing-field across the EEA," said ESA President Bente-Angell Hansen.
The revised guidelines include a number of new features:
ESA will apply the principles set out in the new regional aid guidelines to assess the compatibility of notifiable regional aid to be awarded after 31 December 2021.