Brussels, 25/07/2003 (Agence Europe) - The European Commission has opened formal investigation procedures into restructuring aid for British Energy to assess whether it constitutes state aid. British Energy is in financial difficulty, and was granted £650 million in emergency aid in November 2002 to rescue the company, on condition that the government notify the Commission of its restructuring plan within six months (see EUROPE of 29 November, p.13). On 7 March 2003, the UK submitted...