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Europe Daily Bulletin No. 10900

1 August 2013
ECONOMY - FINANCE - BUSINESS / (ae) competition
PSA Peugeot Citroën restructuring plan approved

Brussels, 31/07/2013 (Agence Europe) - Following what it describes as an in-depth investigation, on 31 July, the European Commission authorised restructuring aid of €571.9 million granted by France to the PSA group. In particular, the updated structuring plan will help to restore the group to viability while limiting the distortions of competition caused by state aid. The aid will take the form of a state guarantee covering bond issues by the Banque PSA Finance (BPF) until 31 December 2016...

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION