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EU/CZECH REPUBLIC/SLOVAKIA: DRAFT REGIONAL AID MAPS APPROVED.

The EU's Council of Ministers has approved without further debate at the February 10 meeting of EU Economics and Finance Ministers draft Decisions on regional aid maps for the assessment of public aid granted by the Czech Republic and Slovakia. The Decisions - applying only up to the date of EU accession - are to be adopted by the respective Association Committees that the EU has with these countries.

Maximum aid intensities applicable in the Czech Republic will be limited, in net grant equivalent, to 20% of costs in the region of Prague, 50% in the regions of Stredni Cechy and Moravskolezsko, 49% in the regions of Severozapad and Stredni Morava, 48% in the regions of Severovychod and Jihovychod and 46% in the region of Jihozapad. Maximum aid intensities applicable in Slovakia will be limited, in net grant equivalent, to 50% of costs in the regions of Zapadne Slovensko, Stredne Slovensko and Vychodne Slovensko, and to 20% in the region of Bratislavsky.

These maximum aid intensities may be raised by 15 gross percentage points in the case of aid granted to small and medium-sized enterprises. They will constitute upper limits which apply to the total aid whenever assistance is granted concurrently under several regional schemes, and regardless of whether it comes from local, regional, national or Community sources.

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Publication:European Report
Article Type:Brief Article
Geographic Code:4E
Date:Feb 11, 2004
Words:216
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