Brussels, 14/04/2010 (Agence Europe) - The European Commission decided on Wednesday 14 April to refer Greece to the European Court of Justice for failing to comply with the Commission decision of 8 July 2008 that found that state aid had been unlawfully granted to Hellenic Shipyards (HSY) and should, therefore, have been recovered.
On 2 July 2008, the Commission decided that subsidies granted by Greece to Hellenic Shipyards S.A. were incompatible with the common market because they...