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Europe Daily Bulletin No. 10226

1 October 2010
Contents Publication in full By article 20 / 27
GENERAL NEWS / (eu) eu/state aid
Commission refers Spain to Court for failure to respect 2002 Court ruling to recover illegal aid from Magefesa group

Brussels, 30/09/2010 (Agence Europe) - On Thursday 30 September, the European Commission decided to refer Spain to the Court of Justice for failing to recover illegal aid granted to Indosa, a subsidiary of the electrical appliance manufacturer, Magefesa, and its own subsidiary, CMD. This was despite an earlier Court ruling in 2002 confirming the unlawfulness of such aid and ordering that aid should be recovered. The Commission calls on the Court to impose a daily fine of €131,136 for each...

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