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Europe Daily Bulletin No. 8161

1 March 2002
Contents Publication in full By article 34 / 38
GENERAL NEWS / (eu) eu/state aid
Green light for repayable advance to SNECMA

Brussels, 28/02/2002 (Agence Europe) - The European Commission has decided to authorise the proposed grant by France of a EUR 102 million repayable advance to SNECMA for its participation in the development of two new jet engines for civilian aircraft: the GE90-115 and the GP7000. The Commission found the proposal compatible with the EU framework for state aid for research and development. Both projects will have to meet a large number of new regulatory and technical requirements, like...

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THE DAY IN POLITICS
GENERAL NEWS