CASE COMMENTS: STATE AIDS - MODERNISATION – STATE AID FOR RESEARCH, DEVELOPMENT AND INNOVATION
State aids for research : The European Commission adopts a new Framework for State aid for research, development and innovation
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On 21 May 2014, the European Commission adopted a new Communication to regulate and facilitate the granting of state aid for research, development and innovation ("R&D&I") activities.
The new Communication is part of the drive to modernise state aid in order to help Member States meet the objectives of the Europe 2020 strategy to foster smart, sustainable and inclusive growth with simplified rules that limit distortions within the single market and speed up the Commission's decision-making process. In parallel to the new General Block Exemption Regulation setting out the conditions under which state aid may be granted without prior notification to
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