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Europe Daily Bulletin No. 8539

11 September 2003
Contents Publication in full By article 25 / 49
GENERAL NEWS / (eu) eu/state aid
Noose tightens around France over Bull

Brussels, 10/09/2003 (Agence Europe) - The European Commission does not accept France's immobility over the Bull issue and warns that it will soon be referring the matter to the Court of Justice of the EU if the Member State does not immediately meet its obligations. On 14 November 2002, the Commission had approved payment of exceptional aid of EUR 450 million to the IT group, Bull, as a short term rescue loan. The company had already received restructuring aid in 1993-94 and could not claim...

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