login
login

Europe Daily Bulletin No. 10502

25 November 2011
Contents Publication in full By article 38 / 42
GENERAL NEWS / (ae) eu/state aid
Portugal will have to recover illegal state aid

Brussels, 23/11/2011 (Agence Europe) - On Wednesday 23 November, following an in-depth investigation, the European Commission ordered the recovery of illegal aid consisting of short-term credit insurance, including export credit insurance, to certain companies significantly below market price. This scheme distorted competition between the beneficiaries and their Portuguese competitors or exporters elsewhere in the EU. Portugal will need to recover from the beneficiaries the difference...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS