ANNOUNCEMENT 01 May 2010

In May 2010, the government of Germany announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



the letter from the EC to Germany - Brussels, 10.05.2010
C(2010) 3112 - http://ec.europa.eu/competition/elojade/isef/case_details.cfm?proc_code=3_N116_2010

WTO report on G20 Trade Measures (May to October 2010). http://www.wto.org/english/news_e/news10_e/igo_04nov10_e.htm


Inception date: 01 May 2010 | Removal date: 29 Nov 2011
Still in force

Financial grant

Germany got approval of an amended scheme (Shipbuilding framework) to be applied from 1 May 2010 until 31 December 2011.
 
Under the original decision (The existing aid scheme N 452/2004), subject to certain conditions, the beneficiary had to reimburse the granted innovation aid. Reimbursement should start as soon as the benefit or objective, which was the target of the aid, has been achieved. Such benefit is considered to be achieved if the applicant uses the innovation, for which state aid was granted, a second time. The present notification contains an amendment to the repayment clause. An innovation aid granted under the amended scheme is henceforth no longer repayable. The overall budget of the scheme will increase from EUR 43 million to EUR 45 million (plus 4.4%); with an annual budget of EUR 22 million.
 
The European Commission found that the measure constitutes state aid.
 

AFFECTED SECTORS