Global Journal of Human Social Science, E: Economics, Volume 21 Issue 4

Global Journal of HUMAN-SOCIAL SCIENCE: E Economics Volume 21 Issue 4 Version 1.0 Year 2021 Type: Double Blind Peer Reviewed International Research Journal Publisher: Global Journals Online ISSN: 2249-460x & Print ISSN: 0975-587X State Aid in the European Union: Where Law and Economics Meet By Gábor Potvorszki University of Miskolc Abstract- The main aim of this article is to give an overview about the Competition Law of the European Union with special regard to the provisions on State Aid which basically determine the level playing field a Member State can grant subsidies for enterprises primarily for economic purposes. Besides the legal environment by giving a brief theoretical summary on the need for State intervention I gave some contributions about the empirics of State aid by analysing the State aid expenditure, economic growth and income level in the European Union between 2004 and 2019. Keywords: European Union, Competition Law, State aid, economic growth, income level. GJHSS-E Classification: StateAidintheEuropeanUnionWhereLawandEconomicsMeet Strictly as per the compliance and regulations of: © 2021. Gábor Potvorszki. This research/review article is distributed under the terms of the Attribution-NonCommercial- NoDerivatives 4.0 International (CC BY-NC-ND 4.0). You must give appropriate credit to authors and reference this article if parts of the article are reproduced in any manner. Applicable licensing terms are at https://creativecommons.org/licenses/by-nc- nd/4.0/. JEL Code: H2, H7, K2