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Europe Daily Bulletin No. 8891

18 February 2005
Contents Publication in full By article 24 / 49
GENERAL NEWS / (eu) eu/state aid
Green light for German state aid system to shipyards

Brussels, 17/02/2005 (Agence Europe) - The European Commission has approved a €27 million scheme in Germany to shipbuilding. Under the new scheme, shipbuilders will be able to benefit from state aid in support of the industrial application of products and processes, which are technologically new or represent a substantial improvement over the state of the art in the EU's shipbuilding industry. The aid can be up to 20% of the expenditure related to the innovative part of the project. Over...

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