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Routine Notice Added Final

State Aid Recovery Interest Rates for EFTA States as of 1 January 2026

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Summary

The EFTA Surveillance Authority has published updated base rates for calculating state aid recovery interest and reference/discount rates applicable from 1 January 2026. The base rates are: Iceland at 7.77%, Liechtenstein at 0.22%, and Norway at 4.2%. To obtain the applicable reference rates, appropriate margins shall be added to these base rates in accordance with ESA's State Aid Guidelines. These rates are used in state aid proceedings involving Iceland, Liechtenstein, and Norway.

“To obtain the applicable reference rates, appropriate margins shall be added to the base rate in accordance with the State Aid Guidelines.”

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What changed

The EFTA Surveillance Authority published base rates for state aid recovery calculations applicable from 1 January 2026 for the three EFTA States: Iceland (7.77%), Liechtenstein (0.22%), and Norway (4.2%). These rates are determined in accordance with ESA's State Aid Guidelines and must be supplemented with appropriate margins to calculate applicable reference rates for state aid recovery interest.

Entities involved in state aid proceedings within EFTA States should ensure their compliance calculations use the correct base rate for the relevant jurisdiction. The rates apply to all state aid recovery interest calculations and reference/discount rate determinations under ESA's State Aid Guidelines and Article 10 of ESA's Decision No 195/04/COL.

Archived snapshot

Apr 23, 2026

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EFTA Surveillance Authority’s notice on state aid recovery interest rates and reference/discount rates for the EFTA States applicable as of 1 January 2026 (Published in accordance with the rules on reference and discount rates set out in Part VII of ESA’s State Aid Guidelines and Article 10 of ESA’s Decision No 195/04/COL 14 July 2004)

OJ C, C/2026/2415, 23.4.2026, ELI: http://data.europa.eu/eli/C/2026/2415/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

ELI: http://data.europa.eu/eli/C/2026/2415/oj

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| | Official Journal
of the European Union | EN

C series |

| | C/2026/2415 | 23.4.2026 |
EFTA Surveillance Authority’s notice on state aid recovery interest rates and reference/discount rates for the EFTA States applicable as of 1 January 2026

(Published in accordance with the rules on reference and discount rates set out in Part VII of ESA’s State Aid Guidelines and Article 10 of ESA’s Decision No 195/04/COL 14 July 2004 (1))

(C/2026/2415)

Base rates are calculated in accordance with the Chapter on the method for setting reference and discount rates of ESA’s State Aid Guidelines as amended by ESA’s Decision No 788/08/COL of 17 December 2008. To obtain the applicable reference rates, appropriate margins shall be added to the base rate in accordance with the State Aid Guidelines.

Base rates have been determined as follows:

| | Iceland | Liechtenstein | Norway |
| 1.1.2026 – | 7,77 | 0,22 | 4,2 |
(1) OJ L 139, 25.5.2006, p. 37 and EEA Supplement to the OJ No. 26/2006, 25.5.2006, p. 1.

ELI: http://data.europa.eu/eli/C/2026/2415/oj

ISSN 1977-091X (electronic edition)

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Last updated

Classification

Agency
ESA
Published
January 1st, 2026
Instrument
Notice
Branch
International
Legal weight
Non-binding
Stage
Final
Change scope
Minor
Document ID
C/2026/2415

Who this affects

Applies to
Government agencies
Industry sector
9211 Government & Public Administration
Activity scope
State aid calculations Interest rate publication
Geographic scope
European Union EU

Taxonomy

Primary area
Antitrust & Competition
Operational domain
Regulatory Affairs
Topics
Financial Services Banking

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