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Europe Daily Bulletin No. 8756

28 July 2004
Contents Publication in full By article 12 / 41
GENERAL NEWS / (eu) eu/state aid
Commission affirms it is too soon to say whether it will ask for reimbursement of additional amounts paid to Spanish shipyards

Brussels, 27/07/2004 (Agence Europe) - Tilman Lueder, Competition Spokesman, denied on Tuesday information according to which the European Commission is preparing to call on the IZAR company in order to recover aid of up to EUR 1.1 billion, including interest, paid to Spanish shipyards. The Commission is for now keeping to the amount on the account books, that is EUR 419 million to which interests must be added.

Mr Lueder states it is too soon to say whether additional amounts will be...

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