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Europe Daily Bulletin No. 8514

30 July 2003
Contents Publication in full By article 15 / 28
GENERAL NEWS / (eu) eu/state aid
Commission approves capital injection into Belgian Post Office

Brussels, 29/07/2003 (Agence Europe) - Last week, the European Commission decided to approve a capital injection of EUR 297.5 million by the Belgian government into La Poste/De Post. La Poste/De Post, as an independent public enterprise and a limited company governed by public law since 2000, is exempt from corporation tax; it is also exempt from property tax on its real-estate assets used in the public service; and can receive a government guarantee to back its loans. During the examination...

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