On 25 April 2012, the Commission adopted a Regulation that exempts from the notification requirement of Article 108(3) TFEU, aid granted to any one undertaking providing services of general economic interest which do not exceed EUR 500 000 over any period of three fiscal years.6
The Commissions decided to increase the ceilling below which advantages granted to such undertakings may be deemed not to affect trade between Member States and/or not to distort competition by EUR 300 000 in comparison to the 2006 De minimis Regulation. Also, in view of the development of the road passenger transport sector and of the local nature of services of general economic interest in this field, the Commission decided to apply the ceiling of EUR 500 000 instead of EUR 100 000.
This Regulation completes the package for reform of the state aid rules on SGEI adopted in December 20117.
The Regulation No 360/2012 on the application of Articles 107 and 108 of the TFEU to de minimis aid granted to undertakings providing services of general economic interest applies as of 29 April 2012 and will continue to apply until 31 December 2018.