Regional Aid Guidelines

Regional Aid Guidelines are rules set by the European Union to encourage economic development in less prosperous areas. They allow governments to provide financial support to businesses in these regions to create jobs and boost growth. The aim is to reduce economic disparities across the EU by helping regions lagging behind. The guidelines determine how much aid can be given, to whom, and under what conditions, ensuring that such support complies with EU competition rules and fosters sustainable development without distorting the market unfairly.