Brussels, 04/12/2015 (Agence Europe) - On Friday 4 December, the government of Luxembourg announced that it will be appealing against the European Commission's decision on Fiat Finance and Trade.
In October, the Commission ordered the recovery by Luxembourg of what it considers to be unlawful state aid granted to Fiat through a tax ruling (see EUROPE 11415). The amount to be recovered is between €20 and €30 million.
Luxembourg explains in a press release that it “has decided to...