The European Commission adopts new rules on regional aid to large investment projects (Multisectoral Framework 2002)

"The Multisectoral Framework 2002: new rules on regional aid to large investment projects"*1. Introduction The Multisectoral Framework (MSF from now onwards) was adopted in 2002 and modified at the end of 2003. It entered into force on 1 January 2004 and will be applicable until 31 December 2009 [1]. Its aim is to establish a simple and transparent system of control of regional aid to large investment projects, replacing the 1998 MSF [2] and specific sectoral rules for steel, cars etc. In order to understand the new rules, it is useful to start by recalling some basic concepts of regional aid. Regional aid is designed to develop the less favoured regions, by supporting investment and job creation in a sustainable context. The possibility to grant an appropriate level of aid in a

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Silvia Cavallo, Klaus-Otto Junginger-Dittel, The European Commission adopts new rules on regional aid to large investment projects (Multisectoral Framework 2002), 22 December 2001, e-Competitions December 2001, Art. N° 38383

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