#52026AS122002EU Commission Authorization for State Aid SA.122002
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The EU Commission has authorized state aid under case number SA.122002 for France, aimed at restructuring firms in difficulty, particularly targeting small and medium-sized enterprises (SMEs). The decision confirms that the aid complies with Articles 107 and 108 of the Treaty on the Functioning of the European Union, allowing member states to support businesses that are struggling.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- The aid scheme originally set to expire has been extended until December 31, 2026.
- This authorization allows for state aid to be provided to firms in all economic sectors.
- The legal basis for this aid scheme is outlined in previous Commission decisions.
Obligations
What this law requires
France must ensure state aid granted under SA.122002 complies with Articles 107 and 108 of the Treaty on the Functioning of the European Union
MEFSIEN / DGE (61 Boulevard Vincent Auriol, 75703 - Paris CEDEX 13) must administer the state aid scheme and ensure compliance with authorization conditions
State aid under SA.122002 must be limited to SMEs in difficulty undergoing restructuring
The state aid scheme SA.122002 is authorized only for the duration 16.7.2015 - 31.12.2026 and must cease thereafter
France must notify the EU Commission of any material changes to the state aid scheme SA.122002 prior to implementation