login
login
Image header Agence Europe
Europe Daily Bulletin No. 10846
Contents Publication in full By article 36 / 40
ECONOMY - FINANCE - BUSINESS / (ae) state aid

Investigation into state aid for Propapier in 2008

Brussels, 15/05/2013 (Agence Europe) - Following the annulment of its 2008 decision to authorise €43.4 million of regional investment aid granted by Germany to Propapier for the construction of a paper mill in Eisenhüttenstadt (Brandenburg, Germany, see EUROPE 9636), the European Commission decided on 15 May to open an investigation to reassess the measure in light of the guidance provided by the judgment of the EU General Court in 2012 in Case T-304/08. The Commission will assess whether the positive effects of the aid on regional development outweigh the potential distortion of competition and negative effect on trade between member states created by the selective advantage granted to Propapier. In the decision annulled by the General Court, the Commission did not weigh up the positive and negative impact of the aid, but simply observed that the market share, industrial overcapacity and growth thresholds laid down in the regional aid guidelines for triggering an in-depth investigation had not been exceeded. (FG/transl.fl)

Contents

INSTITUTIONAL
EXTERNAL ACTION
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EDUCATION - CULTURE - YOUTH