Brussels, 16/07/2004 (Agence Europe) - The Commission has given the green light to state aid for an Infineon chip production site in Vila do Conde (Grande Porto), Portugal. The aid will be given as investment aid in the form of a non-reimbursable grant and in the form of an income tax exemption for profits deriving from the notified investment. The aid amounts to EUR 71.96 million, in other words 32% of the overall investment costs of the project and hence within the maximum allowable aid...