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Europe Daily Bulletin No. 7719

18 May 2000
Contents Publication in full By article 24 / 41
GENERAL NEWS / (eu) eu/state aid
Commission considers aid paid since 1979 to large Italian enterprises is illegal but does not demand reimbursement

Brussels, 17/05/2000 (Agence Europe) - The European Commission considers State aid paid to large enterprises in difficulty in Italy since 1979 was illegally granted, but does not demand reimbursement because of the "legitimate expectations" created by the Commission's earlier attitude. In 1994 and 1997, the Commission had taken decisions based on the fact that the aid already "existed", that is, dated back to before the implementation of the treaty or already authorised by the Commission....

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION