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Europe Daily Bulletin No. 10812

22 March 2013
ECONOMY - FINANCE - BUSINESS / (ae) state aid
Commission clears financing of Polish Nauta shipyard

Brussels, 21/03/2013 (Agence Europe) - After an in-depth investigation, the European Commission concluded on 20 March 2013 that the acquisition of bonds worth PLN 120 million (around €40 million) in the Nauta shipyard in Poland by the state-owned Polish Industrial Development Agency (IDA) is in line with EU state aid rules. The aid is supposed to enable Nauta to invest in new assets, and Poland has given a longer repayment deadline (until November 2013) because the planned investment was...

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ECONOMY - FINANCE - BUSINESS
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