login
login

Europe Daily Bulletin No. 8385

24 January 2003
Contents Publication in full By article 34 / 49
GENERAL NEWS / (eu) eu/state aid
Commission authorises EUR 50 million rescue aid for MobilCom but plans in-depth probe into additional aid of EUR 112 million

Brussels, 23/01/2003 (Agence Europe) - On Wednesday the European Commission cleared rescue aid of €50 million to MobilCom AG, a German provider of telecommunications services. The aid was granted in September 2002 in the form of a State guaranteed loan. Simultaneously, the Commission initiated formal investigation proceeding on an additional State guaranteed loan of €112 million, which was granted to MobilCom in November 2002. While the Commission considers that the initial loan of €50...

Contents

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