14/07/2011 (Agence Europe) - Aid to Finnish real-estate company Ålands Industrihus is considered illegal. The European Commission ruled on Wednesday 13 July that the financing granted by the local government of Åland to Ålands Industrihus Ab (ÅI), a state-owned commercial property company, was well below market prices and amounted to a subsidy not allowed under EU state aid rules. The Commission has therefore ordered Finland to recover the aid of around €4.7 million, plus interest,...