The European Commission's latest State Aid Scoreboard shows that over the past six years, Member States have progressed towards the European Council objective of less, but better targeted, aid. The overall level of State aid for industry and services has decreased from EUR 53 billion or 0.50 per cent of GDP in the period 2001-2003, to EUR 48 billion or 0.43 per cent of GDP in the period 2004-2006. This downward trend is due largely to eight of the new Member States which directed more than 85 per cent of their aid to horizontal objectives. The three main horizontal objectives remain (i) environment and energy savings, (ii) regional economic development, and (iii) research, development and innovation. In addition, Member States granted considerably less rescue and restructuring aid, while State aid to the coal sector shows a continuous downward trend.