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Europe Daily Bulletin No. 8728

18 June 2004
Contents Publication in full By article 27 / 42
GENERAL NEWS / (eu) eu/state aid/agriculture
Investigation into Greek aid to agricultural firms

Brussels, 17/06/2004 (Agence Europe) - The European Commission has decided to open investigations into aid granted in Greece since 1993 to indebted agricultural, industrial and craft enterprises in the Prefectures of Kastoria and Evvia. Although aid to companies experiencing difficulty is allowed, this is subject to several conditions, notably a restructuring plan. The aid has totalled €54 million in interest rate subsidies and loan guarantees but with no presentation of a restructuring...

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