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Europe Daily Bulletin No. 8247

4 July 2002
Contents Publication in full By article 25 / 37
GENERAL NEWS / (eu) eu/energy
Commission authorises a portion of Spanish coal industry aid from 1998 to 2002

Brussels, 03/07/2002 (Agence Europe) - On Tuesday, the European Commission authorized aid for 47 Spanish coal companies totalling EUR 642 million over the period 1 January 2002 to 23 July 2002. The money is operating aid and aid to cover a reduction in operations and exceptional charges (social expenses and the technical costs of closing mines). It also authorised operating aid of EUR 5.85 million in 2001 and EUR 850,000 in aid for cutting business activity for company Gonzalez y Diez SA....

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