Recital 17

(17) For the purposes of transparency, equal treatment and the correct application of the de minimis ceiling, all Member States should apply the same calculation method to the calculation of the total amount of aid granted. To facilitate the calculation, aid amounts not taking the form of a cash grant should be converted into their gross grant equivalent. Calculating the gross grant equivalent of transparent types of aid, other than grants and aid payable in several instalments, requires the use of the market interest rates prevailing at the time such aid is granted. To facilitate a uniform, transparent and simple application of the State aid rules, the market rates applicable for the purposes of this Regulation should be the reference rates set in accordance with the Communication from the Commission on the revision of the method for setting the reference and discount rates (13).

← Recital 16 · All articles · Recital 18 →

Source: EUR-Lex (Cellar) · retrieved 2026-11-06 · Text as adopted (Official Journal); later amendments are not incorporated in this text.