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Europe Daily Bulletin No. 8423

19 March 2003
Contents Publication in full By article 31 / 39
GENERAL NEWS / (eu) eu/state aid
Monti is to propose opening formal procedure against EDF

Brussels, 18/03/2003 (Agence Europe) - In an interview with the daily La Tribune, Commissioner Monti announced that he will be asking the Commission in early April to open formal review procedure concerning the "unlimited" guarantee enjoyed by the French energy group EDF thanks to its status which protects it from insolvency or bankruptcy. Mr Monti said he was not satisfied with the answers given by the French government on this point and considers that, when the group operates on...

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