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Europe Daily Bulletin No. 7856

6 December 2000
GENERAL NEWS / (eu) eu/industry
Council confirms end of shipbuilding aid in January 2001, but retains possibility of specific aid should talks fail with Korea

Brussels, 05/12/2000 (Agence Europe) - The Industry/Energy Council adopted "conclusions" confirming the end of operating aid for shipbuilding on 1 January 2001, in conformity with the 1998 Council decision. Along lines defined on 29 November this year by the European Commission, the conclusions specify, however, that, in the event of failure of talks with Korea for putting an end to unfair practices in its shipbuilding sector, the Commission will propose, in May 2001, a temporary aid...

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