The European Commission, following a consultation, has adopted new Exemption Regulations for aid in the agriculture sector and in the fisheries and aquaculture sector, replacing the existing Regulations 702/2014 and 1388/2014 respectively. The European Commission also decided to extend until 31 December 2023 the validity of Regulation 717/2014 on de minimis (de minimis) aid in the fisheries and aquaculture sector. Note that Regulation 1408/2013 on de minimis aid in the agricultural sector has already been extended until 31 December 2023.
The revised rules align state aid with the EU's strategic priorities, in particular the Common Agricultural Policy (CAP), the Common Fisheries Policy (CFP) and the European Green Deal.
In particular, the new Exemption Regulations (2022/2472 for agriculture and 2022/2473 for fisheries) include:
[*]New categories of measures exempted by category, such as aid to prevent or compensate for damage caused by protected animals, aid in favour of environmental management commitments and aid for cooperation in the agriculture and forestry sectors or aid to prevent or compensate for damage caused by adverse climatic events in the fisheries and aquaculture sectors. [*] Individualised block exemption measures for local development projects initiated by local communities aimed at promoting the development of rural areas on a local scale. [*]New ceiling for European Innovation Partnership Operational Group projects in the agricultural sector and rural areas. Projects below €500,000 per company or up to €2 million for local development leader projects are now exempted per category.
On the basis of the above, it is estimated that they will be exempted from the notification requirement of Article 108 par. 3 of the Treaty on the Functioning of the European Union, up to 50% of the measures which, under the previous Regulations, were subject to notification.
The new Regulations will enter into force on 1 January 2023 and expire on 31 December 2029.
More information can be found at the link below: https:/ec.europa.eu/commission/presscorner/detail/el/ip_22_7670
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