The EU Commission approves, under State aid rules, Hellenic support for the development of ultrafast broadband network

State aid: Commission approves €300 million public support for the development of ultrafast broadband network in Greece* The European Commission has approved, under EU State aid rules, €300 million of public support for Greece's Ultrafast Broadband Infrastructure Scheme. The scheme will bring ultrafast broadband services to customers in areas with insufficient connectivity in Greece. Commissioner Margrethe Vestager, in charge of competition policy said: “Access to high-performance internet connectivity is crucial for European citizens, for society and the economy. With this decision, the Commission endorses the use of EU funds for the development of ultrafast internet in areas of Greece where private investment is

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European Commission, The EU Commission approves, under State aid rules, Hellenic support for the development of ultrafast broadband network, 31 July 2019, e-Competitions Bulletin July 2019, Art. N° 91303

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