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Europe Daily Bulletin No. 7859

9 December 2000
Contents Publication in full By article 30 / 53
GENERAL NEWS / (eu) eu/state aid
European Commission authorises provision to develop infrastructure in Wales (UK)

Brussels, 08/12/2000 (Agence Europe) - The European Commission authorised a provision in the framework of which the Welsh Development Agency intends to acquire land, development them for commercial use and put them up for sale or rental, at market prices. Through this mechanism, the British authorities intend to put an end to the problems caused by the low level of prices in the market for commercial good in Wales, the market prices being too low to cover the development costs. By proposing...

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