Image for Guidelines on Rescue and Restructuring Aid

Guidelines on Rescue and Restructuring Aid

The Guidelines on Rescue and Restructuring Aid are rules established by the European Commission to manage government support for struggling companies. When a business faces financial difficulties, it may need assistance to survive or restructure its operations. These guidelines ensure that such aid is provided in a fair manner, helps the company recover, and does not unfairly distort competition. The rules aim to balance the need for economic stability with the protection of a competitive market, ensuring that support is temporary, limited, and encourages companies to return to viability without excessive reliance on public funding.