Brussels, 10/04/2002 (Agence Europe) - On Tuesday, the European Commission decided that part of the State aid intended to cover operating losses of the French coal industry for the years 1994 to 1997 is not compatible with Community legislation. It thus closes the procedure begun in February 1999 against France, following a complaint filed by five coal traders against the public company, Charbonnages de France.
This decision resulted in Charbonnages de France (CdF) having to pay back the...