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Europe Daily Bulletin No. 8015
Contents Publication in full By article 26 / 40
GENERAL NEWS / (eu) eu/state aid

France must recover aid paid out under "Loi Pons" for cruise ship in Saint-Pierre-et-Miquelon

Brussels, 26/07/2001 (Agence Europe) - The European Commission has banned "development aid" granted in 1996 by France to investors financing the construction of the cruise ship "Le Levant", managed by Compagnie des Îles du Levant (CIL) in Saint-Pierre-et-Miquelon. It called on France to recover the aid from investors, since the CIL is not yet owner of the ship according to the leasing procedure.

France had granted tax relief to shipbuilders under the "Loi Pons", the aim of which is to...

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(EU) EU/COMPETITION: De Beers gives positive response to Commission fears
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(EU) EU/STATE AID: France must recover aid paid out under "Loi Pons" for cruise ship in Saint-Pierre-et-Miquelon
(EU) EU/STATE AID: Commission opens inquiry into restructuring and privatisation of mixed shipyard KSG in the Netherlands
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(EU) EU/STATE AID: Commission authorises aid in favour of Glunz AG
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(EU) EU/EURO: Use of Euro rises, but remains generally low
(EU) EU/EURO: ECB indicates that position of Eurosystem currencies rose by 0.7 billion Euro during previous week
(EU) EU/EURO: M3 Monetary mass in Euro zone rose 6.1% in June
(EU) EU/ECONOMY: Surplus of more than EUR 2.5 billion in balance of EU computer and information services in 1999
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(EU) EU/AIR TRANSPORT:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 25/07/2001: