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Image header Agence Europe
Europe Daily Bulletin No. 7758
Contents Publication in full By article 26 / 45
GENERAL NEWS / (eu) eu/state aid

Commission prohibits Italian regional aid to Fiat Mirafiori Carrozzeria, but approves aid to innovation

Brussels, 13/07/2000 (Agence Europe) - The European Commission has judged part of the regional aid Italy paid out to Mirafiori Carrozeria, of 2.9 million euro (5.63 billion lira) to be incompatible with the rules of the common market. It has, however, approved those elements of aid earmarked for innovation, corresponding to 3.5 million euro (6.9 billion lira). The European competition services considered that the regional aid was not justified by the risk of relocation as Fiat had taken its...

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