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Europe Daily Bulletin No. 8350

29 November 2002
Contents Publication in full By article 33 / 48
GENERAL NEWS / (eu) eu/state aid
Commission approves, subject to conditions, rescue aid for British Energy

Brussels, 28/11/2002 (Agence Europe) - On Wednesday the Commission today approved the rescue aid granted by the United Kingdom Government to British Energy plc with a view to enabling it to keep the electricity group afloat in the short-term until a longer-term solution to its difficulties is found. The nuclear electricity generator group is facing difficulties following the fall in electricity prices in the UK. The aid was warranted on the grounds that there is a risk of disruption in the...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
SUPPLEMENT