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Europe Daily Bulletin No. 8417

11 March 2003
Contents Publication in full By article 45 / 47
GENERAL NEWS / (eu) eu/state aid
Aid in favour of British coal industry is approved

Brussels, 10/03/2003 (Agence Europe) - The European Commission has authorised operating aid that the United Kingdom was proposing to grant to six coal collieries. The aid in question will cover the difference between the cost of production and the sales price for the period between 24 July and 31 December 2002 inclusive, in the aim of allowing the coalmines to improve their profitability by cutting production costs. The Commission studied the aid in question and reached the conclusion that...

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