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Europe Daily Bulletin No. 8927

14 April 2005
Contents Publication in full By article 14 / 33
GENERAL NEWS / (eu) eu/state aid
Following £ 6.5 million pay out to MG Rover, Commission still left waiting for formal notification of state aid

Brussels, 13/04/2005 (Agence Europe) - The Commission has received certain preliminary information on emergency aid to the British automobile builder, MG Rover, which has fallen prey to the danger of bankruptcy following the safeguard negotiations with Chinese company Shanghai Automotive Industry Corp broke down last week. Information about a £ 6.5 million pay out was described as “useful” by a spokesperson, who explained that formal notification by the British authorities had not...

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