login
login

Europe Daily Bulletin No. 8970

17 June 2005
Contents Publication in full By article 37 / 40
GENERAL NEWS / (eu) eu/tribunal of first instance
Cancellation of decision authorising euro 76 million in aid to Société nationale maritime Corse-Méditerranée

Luxembourg, 16/06/2005 (Agence Europe) - The Tribunal of First Instance has overturned the Commission's decision of 9 July in which it declared the conditions under which State aid for rescuing and restructuring of Société nationale maritime Corse-Méditerranée (SNCM), to the tune of EUR 76 million may be declared compatible with the common market, as well as authorisation for the recapitalisation of SNCM by a first payment of EUR 66 million. Under the guidelines, the amount of aid must...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS