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Image header Agence Europe
Europe Daily Bulletin No. 7657
Contents Publication in full By article 19 / 57
GENERAL NEWS / (eu) eu/state aid

Commission authorises Spanish research and development aid in automotive sector

Brussels, 16/02/2000 (Agence Europe) - The European Commission has authorised a Spanish research and development aid scheme that is part of a technology plan for motor vehicle equipment and components worth EUR 240.4 million (ESP 40 billion) for 2000 to 2003. The aid takes the form of ten-year interest-free loans covering up to 75% of project costs. Research will focus on safety features, recycling and maintenance of vehicles and their components, vehicles used for public transport and...

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