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Europe Daily Bulletin No. 8184

4 April 2002
Contents Publication in full By article 23 / 44
GENERAL NEWS / (eu) eu/state aid
Opening of investigation procedure into proposed aid to BMW for new factory in Leipzig

Brussels, 03/04/2002 (Agence Europe) - On Wednesday, the European Commission decided to open formal investigation procedure against aid that the German authorities are proposing to grant to BMW for a new car plant.

Last December, the German authorities notified regional aid to investment granted to BMW AG in favour of a new car plant in Leipzig. The amount of the investment is around EUR 1.2 billion. Germany plans to grant aid of EUR 418.6 million, that is, aid intensity of 34.7%. The...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION