The Council of the EU unanimously agrees on the new procedural regulation for State aid control

"Unanimous agreement in the Council on the procedural regulation"*I. Introduction The agreement reached in the Industry Council on a procedural regulation for State aid marks a new era of State aid policy. After more than 40 years, the Community control of State aid will finally be endowed with a basic act, integrating for the first time all the rules of procedure in a single and coherent text. The regulation also widens the instruments at the disposal of the Commission to act against unlawful aid and to monitor the respect of State aid decisions. By its contribution to increase the transparency and efficiency of State aid policy, the regulation can thus be regarded as one of the main pillars of the modernisation initiative which the Commission is carrying out in the field of State

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Adinda Sinnaeve, The Council of the EU unanimously agrees on the new procedural regulation for State aid control, 22 March 1999, e-Competitions March 1999, Art. N° 39353

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