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Europe Daily Bulletin No. 10623

31 May 2012
ECONOMY - FINANCE - BUSINESS / (ae) state aid
Investigation into public service compensation for Simet

Brussels, 30/05/2012 (Agence Europe) - On 30 May, the European Commission opened an in-depth investigation to examine whether compensation of €60 million decided by the Italian Consiglio di Stato in favour of Simet SpA for bus services provided between 1987 and 2003 is compatible with EU state aid rules. This case was submitted to the Commission by the Italian authorities. The Commission has doubts that a public service obligation was really entrusted to the company and that a retroactive...

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