Critical Point: Government Aid in Europe – Summer 2021
The EU has relaxed state aid rules to counteract some of the devastating economic consequences of the pandemic. The UK is also adapting their subsidy policies outside of the European bloc's regulations for the first-time post-Brexit.
Considerations from this report include:
EU has temporarily increased State Aid ceilings to €2m until end of 2021 when it will reduce back to €200,000
UK has launched a new subsidy regime, but details still unclear
UK has announced new Freeports, which can be vital for industrial and logistics projects
EU member states are getting creative with their approaches to business attraction
This report provides updates and information on these schemes to keep your business aware of changes that can affect you directly.
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2021 Summer Hickey Government Aid in Europe