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Europe Daily Bulletin No. 8870

20 January 2005
Contents Publication in full By article 18 / 34
GENERAL NEWS / (eu) eu/energy
Commission authorises EUR 2.7 bn aid for coal industry

Brussels, 19/01/2005 (Agence Europe) - The European Commission has decided not to raise any objections to the €2.7 billion aid package which Germany is proposing to grant to its coal industry for the year 2005. The aid is in accordance with the overall restructuring plan that the Commission approved on 5 May 2003 for the German coal industry for the period 2003 to 2005. This aid package includes € 597.7 million for the reduction of activity, € 1 494.6 million in production aid, €...

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GENERAL NEWS