State Aid and Steel: How Much Are the Government’s Hands Tied?

Francesco de Cecco

Research output: Non-textual formWeb publication/site

Abstract

One of the primary reasons cited by the UK Government for not intervening directly to rescue plants and jobs in the steel sector is EU state aid rules, which prohibit governments from providing certain kinds of support to industry, writes Francesco de Cecco. He argues that, while EU provisions for steel are particularly stringent, governments can still win approval for targeted and innovative interventions, or indeed lobby to change the rules in the light of the challenges facing the industry.
Original languageEnglish
Place of PublicationEdinburgh
PublisherEuropean Futures
EditionArticle No 82
Media of outputBlog post
Publication statusPublished - 17 Feb 2016

Keywords

  • Compensation
  • Industry
  • Market intervention
  • State aid
  • Steel

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