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Europe Daily Bulletin No. 9039

1 October 2005
GENERAL NEWS / (eu) eu/state aid/france
Commission may allow France to provide final public aid to SNCM, but is waiting for recovery plan

Brussels, 30/09/2005 (Agence Europe) - Having held talks for over two hours on Friday with the French Minister for the Economy and Finance, Thierry Breton, on the subject of the rescue plan for the Société nationale Corse et Méditerranée (SNCM), which provides that the State will hold 25% of the capital of the maritime company, the European Commissioner for Transport, Jacques Barrot, said that the Commission could agree to a final payment of public aid, as long as its objective is to...

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