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Europe Daily Bulletin No. 7863

14 December 2000
Contents Publication in full By article 11 / 42
GENERAL NEWS / (eu) eu/shipbuilding
Commission authorises Dutch "aid for development" for acquisition of four new ship by Indonesia

Brussels, 13/12/2000 (Agence Europe) - After a one year investigation, the European Commission authorised the Netherlands to pay a subsidy to the Bodewes/Pattje Shipyards, in the form of an aid for development enabling to two Indonesian ship owners to buy four ships from the Dutch builder. This aid represents 25% of the contract value of the boats, for a total cost of NGL 120 million. The Commission had opened a formal procedure in January 2000, because it had doubts over the compatibility...

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ECONOMIC INTERPENETRATION
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