Brussels, 19 January 2009
Competition Commissioner Neelie Kroes said: “This measure will help alleviate the difficulties faced by Portuguese businesses affected by the current situation without giving rise to any undue distortions of competition. Thanks to the excellent cooperation of the Portuguese authorities, it was possible to approve the measure very quickly.”
The scheme is based on the provisions of the temporary framework that deal with compatible aid of a limited amount. In particular, the maximum amount of aid does not exceed €500 000 per company and the scheme applies only to businesses which were not in difficulty on 1 July 2008.
This scheme is the first measure authorised for Portugal under the new temporary framework for state aid adopted in principle by the Commission on 17 December 2008. Portugal is the third country, after Germany (see IP/08/2063) and France (see IP/09/72), to avail itself of this new temporary framework.
The decision will be made available under case number N 13/2009 in the State Aid Register on the DG Competition website. New publications of State aid decisions on the Internet and in the Official Journal are listed in the State aid Weekly e-News.