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Cyprus one of few countries that implemented Central State Aid and De Minimis Registry

11/08/2022 09:00

Commissioner for State Aid Control Stella Michaelidou has welcomed the fact that her Office has taken the lead at European level and has been an example for other member states in view of the implementation of the Central State Aid and De Minimis Registry.

In a press release it is noted that based on available data until today, Cyprus, together with Lithuania and Spain, are the only countries that have implemented a Central State Aid and De Minimis Registry.

It says that the team of the University of Groningen that undertook the study on behalf of the Dutch Government, has informed that the European Commission, after having evaluated the benefits of the implementation of the system, is considering its compulsory implementation by all EU member states.

The press release says that Cyprus is considered a case study with very positive comments from the Netherlands for the eventual implementation of the system.