Share of State Aid in Slovenia Declining
The amount of state aid in Slovenia has substantially decreased in 2005 in comparison v previous years, falling for the first time under 1.0% of GDP, according to a report on state aid published on the government website.
According to the figures released by the government, the share of state aid in Slovenia's GDP has fallen from the 2.76% in 1997 to 0.98% in 2005.
Compared to other EU member states in terms of state aid expressed in GDP proportion, Slovenia places in the upper third. The average share of state aid in the EU in 2004 - aid in the transport sector, agriculture and fisheries excluded - was 0.44%, whereas it was 0.53% in Slovenia.
In the 2003-2005 period, the bulk of state aid in Slovenia still went to the fisheries and agriculture sector (38% in 2005), whereby a more than 40% decrease was recorded in 2005 because aid awarded from the address of EU's CAP was no longer treated as state aid.
In 2005 state aid amounted to a total of SIT 64.29bn (EUR 268.28m), whereby aid was cut almost in all areas with the exception of small and medium-sized companies and regional development.
Expressed in absolute amounts, the biggest cuts in 2005 came in the field of rescue and restructuring (99%), energy saving (74.4%), transport (59.4%) and training (59.3%).
The largest increase was recorded in aid to small and medium-sized companies (169%) and regional development (256%).
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