Interpretation and application of EEA State aid law in Liechtenstein

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Type and Duration

FFF-Förderprojekt, October 2019 until December 2020 (finished)

Coordinator

Chair for Banking and Financial Market Law

Main Research

Wealth Management

Field of Research

Wealth Planning

Description

The research project provides a comprehensive overview on the legal context in which State aid is granted in the EU and, for the first time, also in the EEA. The current European regulatory framework and its application in practice was also analysed in an international context and across disciplines.

Reference to Liechtenstein

The Principality of Liechtenstein promotes special objectives by granting subsidies. For a long time, the preservation of a pluralistic media landscape in particular was regarded as a decisive reason for granting subsidies. However, Liechtenstein's expenditure on subsidies tripled in 2017 compared with previous years. The state budget spent on subsidies rose up to EUR 5.22 million, which can be explained by the first-time introduction of regulations for the promotion of environmental policy objectives.
This research project provides an overview of aid practice in Liechtenstein. The present research project thus intends to provide a systematic presentation of the most important aspects of state aid law. In addition, the most important legal problems in the area of EEA state aid law are analysed, and thereby contribute to legal certainty in the EEA. Furthermore, the basic research will generate opportunities for action, suggestions for improvement, and recommendations for the (enforcement) practice in Liechtenstein.

Sponsor

  • Forschungsförderungsfonds der Universität Liechtenstein