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Europe Daily Bulletin No. 9007

18 August 2005
Contents Publication in full By article 12 / 20
GENERAL NEWS / (eu) eu/state aid
Probe into EUR 45 million aid to KG Holding

Brussels, 17/08/2005 (Agence Europe) - The European Commission has opened a formal investigation into restructuring aid for KG Holding (the company specialises in the provision of reintegration services on the Dutch labour market in the Netherlands). The Commission seriously doubts that the planned assistance, which would take the form of transforming a state-granted €45 million rescue loan into equity capital by the State is authorised. Such restructuring aid should be granted on the...

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