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Image header Agence Europe
Europe Daily Bulletin No. 10118
Contents Publication in full By article 13 / 28
GENERAL NEWS / (eu) eu/state aid

In-depth investigation launched into Bulgarian company Ruse Industry's debt rescheduling

Brussels, 14/04/2010 (Agence Europe) - On Wednesday 14 April, the European Commission opened an in-depth investigation into plans by Bulgaria to reschedule a debt of €9.8 million owed to the state by Ruse Industry AD.

On 30 June 2009 the Bulgarian authorities notified the Commission of plans to restructure the debt of Ruse Industry AD, a company that produces metal structures and elements. The proposed measure consists of the deferral and rescheduling of public debt amounting to €9.8...

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