Tag Archives: state aid

The European Commission: investment aid for German airport Memmingen in line with EU state aid rules

Posted on 6, June 2013 by

Brussels, 6-6-2013 — /europawire.eu/ — The European Commission has found that investment aid totalling €7.75 million to finance an infrastructure project at Memmingen airport is in line with EU state aid rules. Memmingen airport is a small regional airport located in South … Read the full press release →

Posted in Aviation & Aerospace, Belgium, European Union, Financial, Germany, Government, Infrastructure & Utilities, Law, Politics, Transportation & Logistics, Travel

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The European Commission approved the conversion of Walloon Region residual claim into Sonaca equity

Posted on 5, June 2013 by

Brussels, 5-6-2013 — /europawire.eu/ — The European Commission has approved a plan by the Walloon Region to convert into equity a residual claim of €43.5 million held against the Belgian aeronautics company Sonaca, in which the Region has a 92.29% holding. The Commission … Read the full press release →

Posted in Aviation & Aerospace, Belgium, Business, Electronics & Machinery, European Union, Financial, Government, Investment, Law

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Ryanair welcomed EU Court Confirmation That European Commission Failed To Investigate “State Aid” granted to Alitalia

Posted on 16, May 2013 by

16-5-2013 — /europawire.eu/ — Ryanair, Europe’s only ultra-low cost carrier (ULCC), today (16 May) welcomed the EU Court’s ruling which confirmed that the European Commission has failed to investigate “State Aid” granted to Alitalia. Ryanair had initially notified the European Commission … Read the full press release →

Posted in Aviation & Aerospace, Business, European Union, Financial, Government, Investment, Ireland, Italy, Law, Transportation & Logistics, Travel

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EC approved Istituto Sviluppo Agroalimentare equity investment in Ferrarini Group-controlled NewCo

Posted on 16, May 2013 by

Brussels, 16-5-2013 — /europawire.eu/ —   The European Commission approved today a €12.5 million equity investment by the Italian public investor Istituto Sviluppo Agroalimentare (ISA) in the share capital of the company NewCo, controlled by the Ferrarini Group. The Commission concluded that … Read the full press release →

Posted in Agriculture, Belgium, Business, European Union, Financial, Food & Beverage, Government, Investment, Italy, Law

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Ford España under EC investigation for proposed public financing

Posted on 16, May 2013 by

Brussels 16-5-2013 — /europawire.eu/ —  The European Commission has opened a formal investigation to examine whether Spanish plans to grant public financing to the Ford group for an investment project in the Valencia region are in line with EU state aid … Read the full press release →

Posted in Automotive, Belgium, Business, European Union, Financial, Government, Investment, Law, Spain

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EC temporarily approves €100m rescue aid for LOT Polish Airlines by the Polish government

Posted on 16, May 2013 by

Brussels, 16-5-2013 — /europawire.eu/ — The European Commission has concluded that a rescue loan of PLN 400 million (around €100 million) granted by the Polish government to LOT Polish Airlines was in line with EU state aid rules. The Commission found, in … Read the full press release →

Posted in Aviation & Aerospace, Belgium, Business, European Union, Financial, Government, Law, Poland, Travel

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EC approved €39.8m France aid for “Genesys” research programme

Posted on 15, May 2013 by

Brussels, 15-5-2013 — /europawire.eu/ —  The European Commission has decided that the aid granted by France to the P.I.V.E.R.T. Institut d’Excellence en Énergies Décarbonées (IEED, institute of excellence in the field of low-carbon energy) to conduct the Genesys research and development … Read the full press release →

Posted in Agriculture, Belgium, Business, Energy, Gas & Oil, Environment, European Union, Financial, France, Government, Investment, Law, Technology

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EC finds Copenhagen multiarena public co-financing in line with EU state aid rules

Posted on 15, May 2013 by

Brussels, 15-5-2013 — /europawire.eu/ — The European Commission has concluded that the proposed public co-financing of a new multiarena in Copenhagen, Denmark was in line with EU state aid rules. In particular, the Commission found that the public funding was both proportionate … Read the full press release →

Posted in Belgium, Business, Denmark, European Union, Financial, Government, Investment, Law

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EC to investigate public financing for German paper mill Propapier after EU General Court judgment

Posted on 15, May 2013 by

Brussels, 15-5-2013 — /europawire.eu/ — State aid: Commission opens investigation into public financing for German paper mill Propapier after Court judgment After the annulment of its 2008 decision to authorise a regional investment aid granted by Germany to Propapier for the construction … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Germany, Government, Law

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EC clears Banco CEISS restructuring plan

Posted on 14, May 2013 by

Brussels, 14-5-2013 — /europawire.eu/ — The European Commission has concluded that a modification to Banco CEISS’ restructuring plan, opening the door for an acquisition of the bank by Unicaja Banco, is in line with EU state aid rules. In particular, the Commission … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Investment, Law, Spain

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The EC approved liquidation aid for the Agricultural Bank of Greece (ATE Bank)

Posted on 6, May 2013 by

Brussels, 6-5-2013 — /europawire.eu/ — The European Commission has concluded that liquidation aid granted by Greece in favour of Agricultural Bank of Greece (ATE Bank) was in line with EU state aid rules. In particular, the Commission found that the aid was … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Greece, Investment, Law, Politics

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EC finds public co-financing of Uppsala arena in Sweden is in line with EU state aid rules

Posted on 6, May 2013 by

Brussels, 6-5-2013 — /europawire.eu/ —  The European Commission has concluded that the proposed public co-financing of a new multi-purpose arena in Uppsala, Sweden was in line with EU state aid rules. In particular, the Commission found that the public funding was … Read the full press release →

Posted in Art & Culture, Belgium, Business, Construction, European Union, Financial, Government, Law, Politics, Society, Sports, Sweden

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EC to investigate PSA Peugeot Citroën group restructuring plan

Posted on 3, May 2013 by

Brussels,  3-5-2013 — /europawire.eu/ — State aid: Commission opens an in-depth investigation into the restructuring of the PSA Peugeot Citroën group The European Commission has opened an in‑depth investigation to determine whether the PSA group’s restructuring plan is compatible with the European Union’s … Read the full press release →

Posted in Automotive, Banks, Belgium, Business, European Union, Financial, France, Government, Investment, Law, Politics, Society

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EC reopened inquiry into the tax aid awarded to Electricité de France following Court judgment

Posted on 3, May 2013 by

Brussels, 3-5-2013 — /europawire.eu/ — The European Commission has reopened an inquiry into certain tax measures for Electricité de France (EDF) related to the electricity grid. This follows a judgment handed down by the Court of Justice of the European Union (Case C-124/10 P) … Read the full press release →

Posted in Belgium, Business, Energy, Gas & Oil, European Union, Financial, France, Government, Infrastructure & Utilities, Investment, Law, Politics, Society

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EC authorised Belgian plans to compensate the Belgian post

Posted on 3, May 2013 by

Brussels, 3-5-2013 — /europawire.eu/ — The European Commission has authorised under EU state aid rules Belgian plans to compensate the Belgian postal incumbent bpost for discharging a series of public service obligations between 2013 and 2015. The Commission found the measures to … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Law, Politics, Society

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The EC formally proposed to the Netherlands to abolish the selective tax exemption for public companies

Posted on 3, May 2013 by

Brussels, 3-5-2013 — /europawire.eu/ — The European Commission has formally proposed to the Netherlands to abolish the exemption from corporate tax granted to Dutch public undertakings. The Commission considers that public companies that carry out economic activities in competition with private companies … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Law, Netherlands, Politics, Society

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EC final public consultation on state aid criteria for films and audiovisual works

Posted on 1, May 2013 by

Brussels, 1-5-2013 — /europawire.eu/ — The European Commission has launched the third and final public consultation in its review of the state aid criteria it uses to assess Member States’ support schemes for films and other audiovisual works. The criteria are set out … Read the full press release →

Posted in Art & Culture, Belgium, Business, Entertainment, European Union, Financial, Government, Investment, Law, Media, Politics, Society

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The European Commission extended the Estonian Air state aid investigation opened in February 2013

Posted on 18, April 2013 by

Brussels, 18-4-2013 — /europawire.eu/ — State aid: Commission extends inquiry into public support measures for Estonian Air The European Commission has extended the scope of an in-depth investigation opened in February 2013 into public support measures in favour of Estonian Air (see IP/13/133) … Read the full press release →

Posted in Aviation & Aerospace, Belgium, Business, Estonia, European Union, Financial, Government, Investment, Law, Transportation & Logistics, Travel

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The European Commission to investigate the proposed UK video games tax relief

Posted on 18, April 2013 by

Brussels, 18-4-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation into the proposed UK video games tax relief. The objective of the measure is to provide an incentive to video games developers to produce games meeting certain cultural criteria. … Read the full press release →

Posted in Art & Culture, Belgium, Business, Entertainment, European Union, Financial, Government, Internet & Online, Law, Technology, United Kingdom

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