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Europe Daily Bulletin No. 8159

27 February 2002
Contents Publication in full By article 34 / 45
GENERAL NEWS / (eu) eu/court of first instance
European Commission decision requiring recovery of state aid for Italian shipyard has been annulled

Luxembourg, 26/02/2002 (Agence Europe) - The Court of First Instance has annulled the European Commission's 20 July 1999 decision to compel Italy to recover illegal aid that the public company Italia Investimenti (Itainvest) granted to its wholly-owned shipbuilding company Industrie Navali Meccaniche Affini (INMA). The Fifth Chamber of the Court (chaired by Pernilla Lindh) said the Commission had not given sufficient grounds for its decision.

The case that the Italian government made in...

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