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Europe Daily Bulletin No. 8428

25 March 2003
Contents Publication in full By article 37 / 46
GENERAL NEWS / (eu) eu/state aid
In light of ruling by Court of First Instance, Commission concludes subsidy granted to Linde in 1997 does not constitute State aid

Brussels, 24/03/2003 (Agence Europe) - On Wednesday, the European Commission concluded that the EUR 4.6 million subsidy paid by Germany to Linde AG in 1997 is not aid according to the EC Treaty.

In 1993, the German privatisation agency Treuhandanstalt (THA) had sold an amine production plant located in Leuna (Saxony-Anhalt) to Union Chimique Belge (UCB). At the same time, it had entered into a long-term supply obligation promising to deliver carbon monoxide to UCB at a fixed price. The...

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