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Europe Daily Bulletin No. 9075

25 November 2005
Contents Publication in full By article 20 / 37
GENERAL NEWS / (eu) eu/state aid
Commission prohibits real estate transfer tax exemption for Berlin housing companies

Brussels, 24/11/2005 (Agence Europe) - The Commission had refused to give the go-ahead to the German scheme which planned to give housing companies in the labour market region of Berlin exemption from the real estate transfer tax in the case of mergers and acquisitions, since the aid proposed is not targeted at real “pockets of deprivation”. “I recognise that the regeneration process in Berlin might suffer from several handicaps resulting from its unparalleled past, but I do not...

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