ANNOUNCED AS TEMPORARYNo
The government of Romania notified on 25 August 2010 the EC that it has introduced temporary state aid (EUR30 million (US$42.8 million)) to support access to finance in the domestic agriculture sector from 25 August 2010 until 31 December 2013. EU State Aid SA. 31478 (2010/N).
The number of beneficiaries is estimated to amount 1500. They are:
- Agricultural producers, would it be individual and familial enterprises as well as cooperatives.
- Research institutes, universities or other research organizations specialized in R&D in the agricultural sector
- SME's and larger enterprises specialized in agricultural production
The EC gave the following assessment:
The aid allocated in the context of the Scheme is considered as state aid pursuant art. 107, par.1 TFEU, since they are financed by the state andfavor specific enterprises. Such measures are likely to distort competition due to the importance of the Romanian agricultural sector. (par. 19-20 of the letter from the EC to Romania - Bruxelles, le 25.08.2010C (2010). 'in French' )
The EC considers that the notified measure is compatible with the Treaty onthe basis of Article 107(3)(b) TFEU.
A state measure in the GTA database is assessed solely in terms of theextent to which its implementation affects the extent of discriminationagainst foreign commercial interests. On this metric, the state aidproposed here is discriminatory.
⚑ Please report this page in case you detect an inaccuracy in its content.