Brussels, 14/11/2001 (Agence Europe) - The European Commission has decided to initiate detailed state aid investigation proceedings concerning aid amounting to EUR 18 million earmarked for the Renault plant in Valladolid. The planned aid was notified by Spain in December 2000 for investment in the Valladolid engine plant. The project involved investment totalling EUR 129 million for the installation of a new flexible line that can produce both petrol and diesel engines. The Spanish...