Thomson Reuters has released a special report to guide corporations through the latest rules and policies impacting the allocation of financial support from government entities throughout Europe. The Thomson Reuters Checkpoint report, Investment Aid in Europe – 2016 Regional Update, provides analysis and updates on the guidelines dictating the ability for European Union (EU) Member States to deliver financial aid to businesses.
While the EU remains the world’s biggest economy, its regions have been characterized by wide economic disparities. Allocation guidelines for regional aid are reviewed every seven years in order to encourage equitable economic development in all regions.
“Businesses seeking to capture investment aid in Europe will ultimately be overseen by EU officials in Brussels,” said David Hickey, Senior Director with Hickey & Associates and Thomson Reuters Checkpoint contributor. “Aid packages may face scrutiny in Brussels if the projects do not meet certain criteria, so it is critical for business leaders to be aware of the latest guidelines when making their investment decisions.”
This report provides an outline and comprehensive discussion of the significant policy changes that impact financial support throughout Europe, addressing the financial aid thresholds for each region based on the location and size of enterprises seeking aid. It also highlights the focus of Horizon 2020, the EU’s initiative to boost research and innovation through investments.