Slovenia: State Aid to Rescue and Re-Structure Companies

Politics ♦ Published: April 18, 2013; 16:07 ♦ (Vindobona)

At its regular session, the Government also approved the draft Act Governing the Rescue and Restructuring Aid for Companies in Difficulty.

Slovenia: State Aid to Rescue and Re-Structure Companies / Picture: © Vindobona.org

The Act introduces improvements in the area of state aid to companies in difficulty by expanding the types of state aid (investment in capital, converting claims from loans and paid guarantees) and abolishing the ceiling for state aid.

The Act also abolishes the provision of state aid to companies in which the assets of the Republic of Slovenia are greater than 25%.

This…