Brussels, 07/06/2001 (Agence Europe) - On Wednesday, the European Commission decided to open detailed inquiry proceedings into aid that Spain is planning to grant to the Ford plant in Almusafes (Valencia). At this stage, it has not been able to ascertain whether the aid meets the criteria of the Community framework for State aid to the motor vehicle industry, and has asked Spain to forward any comments within one month.
In December 1999, Spain had notified a regional aid project involving...