EUROPEAN COMMISSION DAILY NEWS – 08 SEPTEMBER

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EUROPEAN COMMISSION DAILY NEWS - 08 SEPTEMBER
08 Sep 2015

EUROPEAN COMMISSION DAILY NEWS – 08 SEPTEMBER

Brussels Daily

 State aid: Commission publishes Member State reports to make state support for the provision of public services more transparent The European Commission has today published Member States’ reports on compliance with the rules on State aid for the provision of services of general economic interest (SGEI) in 2012-2014. The reports allow citizens to see which sectors have received State support to compensate for the cost of carrying out public services, and the conditions on which it has been received, according to Member States. EU state aid rules on public service compensation, adopted in 2011, allow the compensation of companies through State aid for the extra cost of providing a public service, subject to certain conditions. In particular, the rules allow State support for the provision of public services whilst at the same time making sure that companies entrusted with such services do not get overcompensated. This ensures an efficient use of public resources and that distortions of competition are minimised. Today’s publication of the reports is part of the Commission’s efforts to implement its State Aid Modernisation (SAM) initiative and to make more transparent where public money goes. 

Read today’s edition in full: Daily News 08 – 09 – 2015

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