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Image header Agence Europe
Europe Daily Bulletin No. 10819
ECONOMY - FINANCE / (ae) state aid

Preliminary investigation into Real Madrid

Brussels, 03/04/2013 (Agence Europe) - The European Commission is currently conducting an investigation, which is purely informal and preliminary at this stage, into possible illegal state aid received by Real Madrid and other football clubs in Europe, the spokesperson to the European Competition Commissioner, Joaquín Almunia, confirmed on Wednesday 3 April.

He explained that the competition services of the Commission were examining “complaints or information” to this effect from...