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Europe Daily Bulletin No. 8750

17 July 2004
Contents Publication in full By article 32 / 51
GENERAL NEWS / (eu) eu/state aid
Commission may decide to force France-Telecom to reimburse EUR 1.1 billion

Brussels, 16/07/2004 (Agence Europe) - On Tuesday of next week, the Commission is likely to decide on two aspects of the France Telecom case, suggest sources close to Competition Commissioner, Mario Monti.

The semi-privatised company may be required to reimburse the monies saved under a special tax scheme (along with interest payments). The tax exemptions in question amount to EUR 1.1 billion (the difference between the EUR 7.2 billion actually paid by France Telecom between January 1994...

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