EU exec unveils rules to speed up state aid plans


BRUSSELS, April 29 (Reuters) - European Union antitrust regulators unveiled simplified rules on Wednesday aimed at speeding up the approval process for state aid schemes after several EU countries branded Brussels guilty of foot-dragging. The new rules "will benefit business by facilitating faster state aid decisions notably through earlier and better cooperation between member states and the (European) Commission," EU Competition Commissioner Neelie Kroes said. The so-called Best ...

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