08/05/2012 at 12:30
Where: Berlaymont press room, Brussels
Topic: Economy, finance, tax and competition
Organiser: European Commission
On 8 May, the European Commission will adopt a Communication on State Aid Modernisation. The aim is to inform about the objectives of this integrated strategy, its key components - a variety of state aid instruments which are closely interlinked - and the adoption timetable. The main objectives are fostering growth in the internal market by supporting targeted and non-distortive state aid, focusing enforcement on aid cases with the biggest impact on the internal market, as well as streamlined rules and faster decisions.
The Commission believes that a more focused state aid framework will allow Member States to better contribute both to the implementation of the Europe 2020 strategy for growth, as well as to budgetary consolidation.
On 8 May, the Commission will adopt a Communication "State Aid Modernisation" and organise a press conference at 12.30 at the Berlaymont press room in Brussels.
IP and MEMO will be available on the day.