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Europe Daily Bulletin No. 10007

28 October 2009
Contents Publication in full By article 30 / 38
GENERAL NEWS / (eu) eu/state aid
Commission authorises temporary interest rate subsidies granted by Italy to green products

Brussels, 27/10/2009 (Agence Europe) - On Monday 26 October, the European Commission authorised an Italian scheme offering interest rate subsidies for the production of environmentally friendly (green) products in the car parts sector. Such loans can only be granted for investments relating to products that will meet or surpass future EU environmental standards. Competition Commissioner Neelie Kroes said, “The Italian measure will help companies to shift their business model in accordance...

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