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Europe Daily Bulletin No. 7843

17 November 2000
Contents Publication in full By article 24 / 56
GENERAL NEWS / (eu) eu/state aid
Commission orders recovery of aid provided by Belgium to Cockerill Sambre

Brussels, 16/11/2000 (Agence Europe) - The Commission has decided that the aid provided by Belgium to the steel company Cockerill Sambre SA are incompatible with the common market and must be recuperated. This concerns a sum of EUR 13.8 million granted by the Belgian State and the Walloon Region on 1 January 1999, and which should have been paid over a seven year period, between 1999 and 2005. The Commission feels that by granting this aid, the Belgian public powers had, in fact, taken...

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