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Europe Daily Bulletin No. 11521

31 March 2016
ECONOMY - FINANCE / (ae) state aid
European Commission declines to comment on possible nationalisation of steel company Tata Steel

Brussels, 30/03/2016 (Agence Europe) - On Wednesday 30 March, a European Commission spokesperson, Lucia Caudet, said that at this stage and to the best of her knowledge, there had been no contacts between the Commission and the British authorities regarding a possible nationalisation of the British division of the steel company Tata Steel.

A few hours earlier, the company had announced its intention of selling all of its activities in the United Kingdom, due to financial performances which...

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