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State Aid

State aid: New guidelines to support projects of common European interest

27.4.2016

PR(16)16

The EFTA Surveillance Authority has adopted new guidelines aimed at encouraging the EFTA States to channel their public spending to large projects that make a clear contribution to economic growth, jobs and the competitiveness of Europe.

 Where private initiatives fail to materialise, because of the significant risks and the need for transnational cooperation such projects entail, the EFTA States may fill the funding gap to overcome such market failures and boost the realisation of projects that otherwise would not have taken off.

 The new guidelines enable the EFTA States to e.g. increase aid intensities, diversify forms of support, grant aid for the first industrial deployment of an R&D project and extend existing provisions on important projects of common European interest (IPCEIs) to any sector of the economy.

 Typical examples to illustrate the concept of IPCEI are trans-border transport projects, which play an important role for the mobility of persons and goods in the internal market and for territorial cohesion in the EEA.

 The new guidelines for the analysis of the compatibility with the functioning of the EEA Agreement of State aid to promote the execution of IPCEIs correspond to similar rules adopted by the European Commission.

 The guidelines adopted today form part of the European Commission's State Aid Modernisation initiative aimed at fostering growth and competitiveness in the EEA.

 The guidelines will be in force as from today until 31 December 2020.

Documents

Guidelines for the analysis of the compatibility with the functioning of the EEA Agreement of state aid to promote the execution of important projects of common European interest (pdf)


 For further information, please contact:

 Mr. Andreas Kjeldsberg Pihl
Press & Information Officer
tel. (+32)(0)2 286 18 66
mob. (+32)(0)492 900 187




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