Brussels, 12/03/2011 (Agence Europe) - On Monday 12 March 2012, the World Trade Organisation (WTO)'s appeals body confirmed its May 2011 ruling that the USD 10 billion in public subsidies for US aircraft manufacturer Boeing are illegal.
The European Commission immediately welcomed the ruling, which finds that some of the subsidies provided by the United States' government to Boeing, against which the EU appealed in 2005 (Case DS 354) were illegal. The WTO appeals body rejected the United...