Brussels, 18/01/2000 (Agence Europe) - The European Commission has approved tax aid schemes in the Canary Islands to allow for the creation of a special economic area. It considered that the tax reductions planned by the Spanish authorities would in fact allow for the activities on the islands to be diversified, essentially revolving around tourism so far, and that they comply with European rules on regional aid. The Spanish authorities considered that the creation of a special economic area...