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Europe Daily Bulletin No. 10403

23 June 2011
Contents Publication in full By article 33 / 34
GENERAL NEWS / (ae) eu/state aid
In-depth investigation into restructuring of SeaFrance

Brussels, 22/06/2011 (Agence Europe) - On Wednesday 22 June, the European Commission opened a formal investigation to assess whether the capital increase of €223 million of SeaFrance, which was subscribed by SNCF Participations, its sole shareholder, complies with EU rules on state aid. The Commission is not certain that this restructuring plan, which was notified on 21 February of this year, will eventually offer prospects of a return to viability for this company, which carries out...

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