Article 80(3) of Regulation (EU) 2021/2115 sets out the maximum applicable gross grant equivalent ceiling when financial instruments support activities falling within the scope of Article 42 of the Treaty on the Functioning of the European Union (TFEU). To ensure alignment with the newly introduced changes in the general state aid regime under Article 3(2) of Commission Regulation (EU) 2023/2831, the ceiling needs to be increased accordingly. Furthermore, the reference period should be changed from fiscal years to years to align with Article 3(2) of Regulation (EU) 2023/2831. As regards support for working capital for activities outside the scope of Article 42 TFEU, general state aid rules should continue to apply.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
