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Europe Daily Bulletin No. 12432

25 February 2020
Contents Publication in full By article 14 / 24
ECONOMY - FINANCE - BUSINESS / State aid
Romania needs to recover €570 million of illegal aid from rail freight operator CFR Marfa
Brussels, 24/02/2020 (Agence Europe)

The European Commission concluded, on Monday 24 February, that the rail freight operator CFR Marfa had received at least €570 million incompatible State Aid from Romania through a debt write-off and failure to collect debts from the company. Romania must now recover the illegal aid plus interest from CFR Marfa.

CFR Marfa is the incumbent rail freight transport services provider in Romania.

The Commission found that actions by the State enforcing CFR Marfa's social security debts and...

Contents

BREXIT
INSTITUTIONAL
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
NEWS BRIEFS