Commission notice on current State aid recovery interest rates and reference/discount rates applicable as from 1 July 2025 (Published in accordance with Article 10 of Commission Regulation (EC) No 794/2004)
Date: 2025-07-11
Institutions: Directorate-General for Competition, European Commission
Subjects: EU Member State, State aid, interest, reimbursement of aid








C_202503951EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/3951


11.7.2025






Commission notice on current State aid recovery interest rates and reference/discount rates applicable as from 1 July 2025
         


(Published in accordance with Article 10 of Commission Regulation (EC) No 794/2004
                (1)
)


(C/2025/3951)

Base rates calculated in accordance with the Communication from the Commission on the revision of the method for setting the reference and discount rates (OJ C 14, 19.1.2008, p. 6.). Depending on the use of the reference rate, the appropriate margins have still to be added as defined in this communication. For the discount rate this means that a margin of 100 basis points has to be added. The Commission Regulation (EC) No 271/2008 of 30 January 2008 amending Regulation (EC) No 794/2004 foresees that, unless otherwise provided for in a specific decision, the recovery rate will also be calculated by adding 100 basis points to the base rate.
Modified rates are indicated in bold.
Previous table published in OJ C, C/2025/1375, 27.2.2025, ELI: http://data.europa.eu/eli/C/2025/1375/oj.


































From


To


AT


BE


BG


CY


CZ


DE


DK


EE


EL


ES


FI


FR


HR


HU


IE


IT


LT


LU


LV


MT


NL


PL


PT


RO


SE


SI


SK


UK




1.7.2025


 



2,21 




2,21 



2,75 



2,21 



3,69 



2,21 




2,42 




2,21 




2,21 




2,21 




2,21 




2,21 




2,21 



6,21 



2,21 




2,21 




2,21 




2,21 




2,21 




2,21 




2,21 



5,73 



2,21 



5,67 


2,06 



2,21 




2,21 



5,35 




1.3.2025


30.6.2025


2,71 


2,71 


2,75 


2,71 


3,69 


2,71 


2,95 


2,71 


2,71 


2,71 


2,71 


2,71 


2,71 


6,21 


2,71 


2,71 


2,71 


2,71 


2,71 


2,71 


2,71 


5,73 


2,71 


5,67 



2,06 



2,71 


2,71 


5,35 




1.1.2025


28.2.2025



2,71 




2,71 




2,75 




2,71 




3,69 




2,71 




2,95 




2,71 




2,71 




2,71 




2,71 




2,71 




2,71 




6,21 




2,71 




2,71 




2,71 




2,71 




2,71 




2,71 




2,71 




5,73 




2,71 




5,67 




2,49 




2,71 




2,71 




5,35 





1.12.2024


31.12.2024


3,45 


3,45 


3,15 


3,45 


3,96 


3,45 


3,44 


3,45 


3,45 


3,45 


3,45 


3,45 


3,45 


7,14 


3,45 


3,45 


3,45 


3,45 


3,45 


3,45 


3,45 


5,68 


3,45 


6,56 



2,78 



3,45 


3,45 


5,65 




1.11.2024


30.11.2024


3,45 


3,45 



3,15 



3,45 



3,96 



3,45 



3,44 



3,45 


3,45 


3,45 


3,45 


3,45 


3,45 


7,14 


3,45 


3,45 


3,45 


3,45 


3,45 


3,45 


3,45 


5,68 


3,45 


6,56 


3,52 


3,45 


3,45 


5,65 




1.10.2024


31.10.2024



3,45 




3,45 



3,91 



3,45 



4,68 



3,45 



4,29 



3,45 




3,45 




3,45 




3,45 




3,45 




3,45 



7,14 



3,45 




3,45 




3,45 




3,45 




3,45 




3,45 




3,45 



5,68 



3,45 



6,56 


3,52 



3,45 




3,45 



5,65 




1.9.2024


30.9.2024


4,11 


4,11 


3,91 


4,11 


4,68 


4,11 


4,29 


4,11 


4,11 


4,11 


4,11 


4,11 


4,11 


7,14 


4,11 


4,11 


4,11 


4,11 


4,11 


4,11 


4,11 


5,68 


4,11 


6,56 



3,52 



4,11 


4,11 


5,65 




1.7.2024


31.8.2024


4,11 


4,11 


3,91 


4,11 



4,68 



4,11 


4,29 


4,11 


4,11 


4,11 


4,11 


4,11 


4,11 



7,14 



4,11 


4,11 


4,11 


4,11 


4,11 


4,11 


4,11 


5,68 


4,11 


6,56 


4,28 


4,11 


4,11 


5,65 




1.4.2024


30.6.2024


4,11 


4,11 


3,91 


4,11 



5,56 



4,11 


4,29 


4,11 


4,11 


4,11 


4,11 


4,11 


4,11 



8,72 



4,11 


4,11 


4,11 


4,11 


4,11 


4,11 


4,11 


5,68 


4,11 


6,56 


4,28 


4,11 


4,11 


5,65 




1.1.2024


31.3.2024



4,11 




4,11 




3,91 




4,11 




6,64 




4,11 




4,29 




4,11 




4,11 




4,11 




4,11 




4,11 




4,11 




11,22 




4,11 




4,11 




4,11 




4,11 




4,11 




4,11 




4,11 




5,68 




4,11 




6,56 




4,28 




4,11 




4,11 




5,65 





1.11.2023


31.12.2023


3,64 


3,64 



3,31 



3,64 


7,43 


3,64 


4,17 


3,64 


3,64 


3,64 


3,64 


3,64 


3,64 



12,79 



3,64 


3,64 


3,64 


3,64 


3,64 


3,64 


3,64 



6,35 



3,64 


7,05 


3,82 


3,64 


3,64 


5,09 




1.9.2023


31.10.2023


3,64 


3,64 


2,73 


3,64 


7,43 


3,64 



4,17 



3,64 


3,64 


3,64 


3,64 


3,64 


3,64 


15,10 


3,64 


3,64 


3,64 


3,64 


3,64 


3,64 


3,64 


7,62 


3,64 


7,05 


3,82 


3,64 


3,64 



5,09 





1.8.2023


31.8.2023


3,64 


3,64 



2,73 



3,64 


7,43 


3,64 


3,54 


3,64 


3,64 


3,64 


3,64 


3,64 


3,64 


15,10 


3,64 


3,64 


3,64 


3,64 


3,64 


3,64 


3,64 


7,62 


3,64 



7,05 



3,82 


3,64 


3,64 


4,24 




1.7.2023


31.7.2023


3,64 


3,64 


2,15 


3,64 


7,43 


3,64 


3,54 


3,64 


3,64 


3,64 


3,64 


3,64 


3,64 


15,10 


3,64 


3,64 


3,64 


3,64 


3,64 


3,64 


3,64 


7,62 


3,64 


8,31 



3,82 



3,64 


3,64 


4,24 




1.6.2023


30.6.2023



3,64 




3,64 




2,15 




3,64 



7,43 



3,64 



3,54 



3,64 




3,64 




3,64 




3,64 




3,64 




3,64 



15,10 



3,64 




3,64 




3,64 




3,64 




3,64 




3,64 




3,64 



7,62 



3,64 



8,31 


3,21 



3,64 




3,64 



4,24 




1.5.2023


31.5.2023


3,06 


3,06 



1,80 



3,06 


7,43 


3,06 


3,54 


3,06 


3,06 


3,06 


3,06 


3,06 


3,06 


15,10 


3,06 


3,06 


3,06 


3,06 


3,06 


3,06 


3,06 


7,62 


3,06 


8,31 


3,21 


3,06 


3,06 



4,24 





1.4.2023


30.4.2023


3,06 


3,06 



1,51 



3,06 


7,43 


3,06 



3,54 



3,06 


3,06 


3,06 


3,06 


3,06 


3,06 


15,10 


3,06 


3,06 


3,06 


3,06 


3,06 


3,06 


3,06 


7,62 


3,06 


8,31 



3,21 



3,06 


3,06 


3,52 




1.3.2023


31.3.2023



3,06 




3,06 




1,10 




3,06 



7,43 



3,06 



2,92 



3,06 




3,06 




3,06 




3,06 




3,06 




3,06 



15,10 



3,06 




3,06 




3,06 




3,06 




3,06 




3,06 




3,06 



7,62 



3,06 



8,31 



2,96 




3,06 




3,06 




3,52 





1.2.2023


28.2.2023


2,56 


2,56 



0,79 



2,56 


7,43 


2,56 


2,92 


2,56 


2,56 


2,56 


2,56 


2,56 


2,56 


15,10 


2,56 


2,56 


2,56 


2,56 


2,56 


2,56 


2,56 


7,62 


2,56 


8,31 


2,44 


2,56 


2,56 


2,77 




1.1.2023


31.1.2023



2,56 




2,56 




0,36 




2,56 




7,43 




2,56 




2,92 




2,56 




2,56 




2,56 




2,56 




2,56 




2,56 




15,10 




2,56 




2,56 




2,56 




2,56 




2,56 




2,56 




2,56 




7,62 




2,56 




8,31 




2,44 




2,56 




2,56 




2,77 







(1)  
            OJ L 140, 30.4.2004, p. 1.


ELI: http://data.europa.eu/eli/C/2025/3951/oj
ISSN 1977-091X (electronic edition)