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Image header Agence Europe
Europe Daily Bulletin No. 10481
Contents Publication in full By article 19 / 31
GENERAL NEWS / (ae) eu/state aid

SeaFrance restructuring plan rejected

Brussels, 24/10/2011 (Agence Europe) - Despite “regular and intensive” discussions with the French authorities for the last year, the European Commission concluded on Monday 24 October that the transport operator SeaFrance, which is active on the Calais-Dover line, had not made sufficient contribution to the funding of its restructuring plan. The aid planned by France is therefore incompatible with European rules on state aid. SeaFrance has suffered recurrent financial difficulties since...

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