Revision of the Rescue and Restructuring Guidelines
Competition
The European Commission is currently revising the Rescue and Restructuring (R&R) Guidelines. The initiative seeks to revise the definition of Undertaking in Difficulty (UiD) by eliminating the obstacles for certain companies, such as startups and scale ups, meeting the criteria of UiD, but not at risk of bankruptcy, to benefit from other types of State aid; to include the steel sector in the material scope of the Guidelines and to align the Guidelines with recent EU case law.
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