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Europe Daily Bulletin No. 7960

9 May 2001
Contents Publication in full By article 13 / 37
GENERAL NEWS / (eu) eu/transport
Commission approves part of French aid to restructuring of Brittany Ferries

Brussels, 08/05/2001 (Agence Europe) - After three years on investigations, the European Commission on Tuesday approved part of the aid France paid to Brittany Ferries for the restructuring of the shipping company between the United Kingdom, France, Ireland and Spain.

The Commission considered that an initial slice of aid of 48 million euro (FF 316 million), linked to a restructuring programme, had in fact enabled to reestablish the company's sustainable viability, as its net results should...

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