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Europe Daily Bulletin No. 10986

18 December 2013
ECONOMY - FINANCE - BUSINESS / (ae) state aid
CoR comments on monitoring of state aid for struggling companies

Brussels, 17/12/2013 (Agence Europe) - In an opinion on the European Commission's draft changes to the guidelines on monitoring state aid for restructuring and rescuing struggling companies, the Committee of the Regions (CoR) says it still opposes the Commission's plan to exempt steel companies from the guidelines because of the serious overcapacity on the steel market. It says that this is a short-term quantitative analysis, but the OECD forecasts global demand rising by more than a half by...

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