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Europe Daily Bulletin No. 7747

29 June 2000
Contents Publication in full By article 23 / 54
GENERAL NEWS / (eu) eu/state aid
Commission declares fiscal aid granted to steel company Salzgitter/Preussage (Germany) illegal

Brussels, 28/06/2000 (Agence Europe) - The European Commission declared illegal the German aid paid to the steel group Salgitter, Preussah Stahl (PSAG) and its subsidiaries. It called for the repayment of this aid whose exact total remains to be assessed by Germany in co-operation with the Commission. The aid had been paid in the 1980s and until 1995 as a part of the fiscal incentive system to companies established on the border region between the ex-GDR and former Czechoslovakia. The...

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