Consultation on State aid to support lending to businesses

DG Competition consultation (14 pages, PDF) on a proposed limited and temporary (until 31 December 2009) relaxation of State aid controls on aid schemes intended to support lending and provision of small-scale risk capital to businesses. The paper also proposes to facilitate approval of export credit guarantee schemes.

As with the policy on State aid to banks, the policy is based on Article 87(3)(b), i.e. aid “to remedy a serious disturbance in the economy of a Member State”.

Short consultation period: Responses by Monday 8 December 2008.

For further information or advice please contact Franck Latrémolière.

Filed under DG Competition, State aid.

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