EE: Estonia's aid-to-GDP ratio lowest in EU.

By bne IntelliNews December 9, 2009
According to EC's Aid Scoreboard study, out of all EU member states Estonia provided the least state aid to its domestic companies in 2008. Its aid-to- GDP ratio amounted to 0.3% last year, almost flat as compared to 2003. Estonia also provided the least aid also in absolute terms. Estonia was followed by Greece , Italy and Austria that provided less than 0.5% of GDP in aid to its companies, while the highest amount of state aid was registered in Latvia and Luxembourg (5.1% of GDP and 7.8% of GDP , respectively). 

Related Articles

EE: Estonian Air records EUR 49.2mn loss in 2012.

Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more

LT: Malsena acquires Latvian flour manufacturer Rigas Dzirnavieks.

Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more

EE: Estonian Air to return excess Embraer airplanes.

Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss