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Europe Daily Bulletin No. 8649

20 February 2004
Contents Publication in full By article 40 / 51
GENERAL NEWS / (eu) eu/state aid
Commission approves rescue aid to French National Printing Office

Brussels, 19/02/2004 (Agence Europe) - On Wednesday, the European Commission approved aid from the French authorities to the Imprimerie Nationale group. The decline in activity in the printing sector since 2001 and the loss of the contract to produce the France Télécom directory proved disastrous for the company's cash flow. The State aid was granted in the form of a shareholder's advance repayable as a loan, for the sum of 65 million EUR. The loan will carry an annual interest rate of...

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