(Finance) – “I think it is important that the competitivenessin its essence, derives from one competition solid and loyal and not from the artificial short-term boost that subsidies can provide”. So the vice president of the European Commission, Margrethe Vestagerspeaking in the Economic and Monetary Affairs Committee of the European Parliament.
“Together with next communication the Commission ahead of the European Council in February we will also consult with Member States on a proposal to transform the temporary crisis framework for state aid in a broader context of crisis and transition”, stated Vestager. “The goal – he explained – is to simplify the calculation of the amount of aid in order to speed up approval and extend its field of application, to give Member States more flexibility in accelerating the process, to give Member States more flexibility in accelerating the dissemination of energies renewable and of decarbonization industrial“.
“We will also consult on the possibility of supporting the investments greens in the sectors strategic that they are at risk of relocation – he added -. Such aid should be limited in time, proportionate and targeted at sectors where the risks of relocation are real”.