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Feed/CNS1997/0113(CNS)Justice & Rights

Amendment: Shipyard restructuring aid (Reg 3094/95/EEC)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 355mo ago
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This procedure concerns the rules for providing government financial support to shipyards that are undergoing restructuring. It aims to ensure that state aid helps these companies return to viability without distorting competition within the European internal market.

The measures primarily affect the shipbuilding and nautical industries. Shipyards receiving this aid must adhere to specific conditions to ensure fair competition and sustainable industrial recovery.