EFTA Surveillance Authority: Norway, Liechtenstein and Iceland have reduced overall State aid spending

According to the Annual Scoreboard of the EFTA Surveillance Authority, the EEA EFTA States have reduced their State aid spending in 2022. Norway, Liechtenstein and Iceland have spent altogether a total of EUR 7.2 billion in 2022, representing a nominal reduction of around 15% from 2021.

The reduction was mainly driven by the phase-out of measures to mitigate the economic impact of the COVID-19 pandemic, which outweighed increased spending on environmental objectives and regional and sectoral development.

In 2022, aid to environmental objectives represented nearly half of all state aid spending in the EEA EFTA States. Iceland reported spending EUR 288 million on State aid, a 42% reduction from 2021, granted to research, deve