State Aid Modernization (SAM)

State Aid Modernization (SAM) is an initiative by the European Union aimed at updating and improving rules surrounding government support to businesses. The goal is to ensure that such aid helps promote growth, innovation, and competitiveness while minimizing distortion in the single market. SAM streamlines the approval process for certain types of aid, making it easier for governments to support industries in need, especially during crises. It encourages transparency and efficient use of public resources, ensuring that state aid contributes positively to the economy without unfairly disadvantaging competitors.