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Europe Daily Bulletin No. 10549

9 February 2012
ECONOMY - FINANCE - BUSINESS / (ae) state aid
Italy taken to court for failure to claw back illegal aid

Brussels, 08/02/2012 (Agence Europe) - On 8 February, the European Commission decided to send Italy to the European Court of Justice for failing to respect the Commission decision that the subsidised electricity prices for metal manufacturers Portovesme, ILA and Eurallumina are incompatible with EU state aid rules and therefore some €18 million worth of illegal aid must be recovered from the beneficiaries. Italy has not yet done this, hence the decision to take it to court.

On 23...

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