Abstract

The aim of the paper is to assess the impact of EU regulations on the creation and development of state aid policy in the Slovak Republic in connection with proper functioning of the EU internal market and the strengthening of transparency. The present Slovak national system of state aid provision and control is significantly influenced by the regulations of modernization of state aid and by the implementation of principles of independence, transparency and publicity. The paper will examine the introduced measures of publicity related to state aid provision from public sources. In the paper we highlight the significance of transparency in the area of public finance provision to economic entities, which reduces uncertainty and enables enterprises to check whether the state aid provided to competitors was legal and legitimate.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.