An economic analysis of EC guidelines on state aid for the rescue and restructuring of companies in difficulty

摘要

The present Community guidelines on state aid for rescuing and restructuring firms in difficulty, a type of aid that is widely regarded as particularly distortive to the single market, will expire on 9 October 2004. The Commission has already identified a number of issues which it regards as problematic. This article draws attention to a number of further issues which also require clarification.