November 29
2021
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Emilija Berzanskaite
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23rd November 2021
Competition & State Aid

New State aid recovery interest rates and reference/discount rates applicable from 1 December 2021

The European Commission has issued a notice on current State aid recovery interest rates and references/discount rates applicable from 1 December 2021.  

The base rates have been calculated in accordance with Communication from the Commission 2008/C 14/02 on the revision of the method for setting the reference and discount rates. Depending on the use of the reference rate, the appropriate margins still have to be added as defined in that communication. 

In relation to the discount rate, a margin of 100 basis points must be added. The Commission Regulation 271/2008 establishes that, unless otherwise provided for in a specific decision, the recovery rate will also be calculated by adding 100 basis points to the base rate.

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