login
login

Europe Daily Bulletin No. 9097

24 December 2005
GENERAL NEWS / (eu) eu/state aid/france
Investigation into state aid awarded to Institut Français du Pétrole

Brussels, 23/12/2005 (Agence Europe) - The European Commission has launched a formal investigation into the state aid awarded by France to Institut Français du Pétrole (IFP) and some of its subsidiaries. IFP is a non-profit-making body engaged in research, training and documentation in the hydrocarbons field and benefits, by virtue of its status, from state aid which amounted to €200 million in 2003 and €163 million in 2004. The Commission takes the view that IFP and its subsidiary...

Contents

GENERAL NEWS