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Europe Intelligence Wire

| October 01, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Polish News Bulletin)

The change in legislation on UE subsidies introduced by the European Commission will enable businessmen to commence their business activity after submitting the application for subsidies, without the necessity to wait for the decision. They must bear all the risk involved in the undertaking, though. According to current legislation, no actions can be taken until the authorities in power announce their decision concerning the business' eligibility for the subsidies. The decision itself does not guarantee that the subsidies will be granted, nevertheless, they are automatically denied if the applicant does anything ...

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