Is there a limit to the state aid amount relating to the overall budget of the audiovisual work?

EKOME

Is there a limit to the state aid amount relating to the overall budget of the audiovisual work?

Is there a limit to the state aid amount relating to the overall budget of the audiovisual work?

According to EU regulations, the sum of State aid for an audiovisual project in any EU Member State must not exceed 50% of its total budget. For cross-border productions, the maximum aid may amount to 60% of their total budget (including EKOME State aid) and for “difficult” audiovisual projects, 80% of their total budget (including EKOME State aid).

If, for example, the total budget of an investment plan with one producer is €1,000,000 and it has already been financed by the Greek Film Centre for €200,000, the CNC for €200,000, and ZDF for €100,000, meaning it has received a total of €500,000 of State aid amounting to 50% of its total budget, this production cannot be eligible for inclusion in EKOME because by receiving State aid from EKOME, it would exceed the percentage of 50% of total State aid in its total budget.

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