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Europe Daily Bulletin No. 8668

18 March 2004
Contents Publication in full By article 39 / 55
GENERAL NEWS / (eu) eu/state aid
In-depth inquiry into new restructuring aid for Bull

Brussels, 17/03/2004 (Agence Europe) - The European Commission has opened an in-depth inquiry into new restructuring aid which France is preparing to grant to the Bull group. Bull, which already received aid under this heading in 1995, will not be allowed to receive the new aid until 2005, or ten years after the first, under European rules. The sum of this payment will be 517 million EUR. In exchange, France is imposing a "better fortunes" clause, in the form of a payment by Bull to the...

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