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Europe Daily Bulletin No. 9075

25 November 2005
Contents Publication in full By article 25 / 37
GENERAL NEWS / (eu) eu/state aid
Commission refuses delivery date extension for ship from Italian shipyard

Brussels, 24/11/2005 (Agence Europe) - The Commission has refused to extend the delivery date for a cruise ship constructed in Italy by the Fincantieri shipyard. Operating aid for shipbuilding was abolished at the end of 2000, but aids of this type, to the tune of 9% of the value of the naval construction contracts signed before this date, have been authorised as long as the contracts are carried out within 3 years. Contrary to a decision of October 2004 authorising such an extension for...

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