Shipbuilding Aid: 7th Council Directive prolongation & new rules
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 349mo ago
This procedure concerns the extension of the Seventh Council Directive, which allows EU member states to provide state aid to the shipbuilding industry. It aims to ensure the competitiveness of European shipyards against global competition by providing a legal framework for financial support.
This affects national governments and companies within the nautical and shipbuilding sectors, allowing them to continue receiving specific subsidies and interventions under updated EU rules.