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Image header Agence Europe
Europe Daily Bulletin No. 10066
Contents Publication in full By article 30 / 32
GENERAL NEWS / (eu) eu/state aid

28/01/2010 (Agence Europe) - On Wednesday 27 February, the European Commission authorised public financing from France and Spain to the Fres Mos project. Both states will grant €15 million in subsidies for the project to link the French port of Nantes Saint-Nazaire with the Spanish port of Gijón, to be operated by GLD Atlantique. This “motorway of the sea” project will also receive EU aid of about €4 million in the context of the 2009 Marco Polo II call for proposals, which allowed the Commission to select 22 projects with overall funding of €66.3 million. With these projects, the Commission expects to shift a total of 16.8 billion tonne/kilometres of freight away from the roads. (O.L./transl.jl)

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THE DAY IN POLITICS
GENERAL NEWS