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Europe Daily Bulletin No. 8129

16 January 2002
Contents Publication in full By article 16 / 41
GENERAL NEWS / (eu) eu/state aid
Crédit Mutuel is to pay EUR 3000 back to French State

Brussels, 15/01/2002 (Agence Europe) - In a decision adopted in Strasbourg on Tuesday, the European Commission considers that the Crédit Mutuel was over-compensated by the French State in relation to the management costs for the savings account ("livret bleu") entrusted to it. This over-compensation runs counter to European rules on State aid and the amounts should, therefore, be paid back to the French government. The Commission notes that the decision does not target the account itself,...

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