On Tuesday 10 July, the European Commission ordered Spain to recover €167 million from the postal operator Correos, due to overcompensation awarded in return for the execution of the universal postal service obligation between 2004 and 2010 and tax exemptions incompatible with EU state aid rules.
The Spanish authorities gave Correos a universal postal service obligation that consisted of the provision of basic postal services across the national territory, under certain conditions.
Under...