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Europe Daily Bulletin No. 8490

25 June 2003
Contents Publication in full By article 25 / 53
GENERAL NEWS / (eu) state aid
Commission green light to United Kingdom to grant investment aid to the coal industry

Brussels, 24/06/2003 (Agence Europe) - On Tuesday, the European Commission decided not to raise any objections to the aid scheme amounting to a maximum of GBP 60 million (€ 86.1 million) which the United Kingdom is proposing to grant to the coal industry to cover investment costs. The Commission considers that the aid is compatible with the proper functioning of the internal market for infrastructure work to secure access to coal reserves.

The British aid scheme is designed to support...

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