Ten years after Accession: State Aid in Eastern Europe
This source preferred by Jens Holscher
Authors: Hölscher, J., Nulsch, N. and Stephan, J.
Journal: European State Aid Law Quarterly
In the early phase of transition that started with the 1990s, Central and Eastern Eu-ropean Countries (CEEC) have pursued far-reaching vertical and individual indus-trial policy with the focus on privatisation and restructuring of traditional industries. Also foreign investment from the West and facilitation of the development of a market economy involved massive injections of state support. With their accession to the European Union (EU), levels and forms of State aid came under critical review by the European Commission. Yet, the first decade has passed since the first Eastern enlargement in 2004. This inquiry investigates how State aid policy in the CEECs has developed during the last ten years and whether the integration of the new Member States operates on a level playing field with respect to State aid. Findings suggest that once having entered the EU as full members, the new members from the East appear to have been converging into rather stringent competition cultures.