login
login

Europe Daily Bulletin No. 8501

10 July 2003
Contents Publication in full By article 20 / 35
GENERAL NEWS / (eu) eu/state aid
Commission widens formal inquiry proceedings in MobilCom case

Brussels, 09/07/2003 (Agence Europe) - The European Commission is to widen the formal inquiry proceedings into German telecom services supplier MobilCom which found itself in financial difficulty after its main shareholder, France Télécom, announced its withdrawal from the joint 3G business. On 21 January 2003, the Commission authorised rescue aid in the form of a federal guarantee on a loan of EUR 50 million from state-owned bank KfW. At the same time, the Commission launched a formal...

Contents

THE DAY IN POLITICS
GENERAL NEWS