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Europe Daily Bulletin No. 8603

11 December 2003
Contents Publication in full By article 30 / 41
GENERAL NEWS / (eu) eu/agriculture
Investigation into Italian debt consolidation

Brussels, 10/12/2003 (Agence Europe) - The European Commission is to open an inquiry into the debt consolidation scheme which Lazio (Italy) hopes to use to the advantage of farms and co-operatives. This regime provides an interest rate subsidy on loans of more than fifteen years taken out to consolidate high service cost debts of investments already made. The aid regime should have been adapted to the rules in force on rescue aid and for the restructuring of companies in difficulties, says...

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GENERAL NEWS