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newsAgreement on reforms to European Union State Aid Rules secured by Irish Presidency

The Irish Presidency has secured agreement among Member States at the European Union's Competitiveness Council on a series of key reforms that will modernise state aid rules

Chair of the Competitiveness Council, Irish Minister for Jobs, Enterprise and Innovation, Richard Bruton TD commented, "We also secured agreement on key parts of the Commission’s proposals to reform the state aid framework, specifically the existing Procedural and Enabling Regulations. Overall these reforms will help the European Union achieve its Europe 2020 Agenda as well as promoting budget consolidation."

"The changes agreed will ensure more efficient and transparent monitoring of state aid by the Commission, improved data-gathering processes and improved co-operation between the Commission and the Member States’ national courts. The reforms will also enable the Commission to focus on large and potentially distortive state aids, while simplifying the procedures for ‘good aid’."