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Europe Daily Bulletin No. 9238

25 July 2006
Contents Publication in full By article 24 / 39
GENERAL NEWS / (eu) eu/state aid
Italy at Court of Justice for failure to recover illegal state aid for listed companies

Brussels, 24/07/2006 (Agence Europe) - On 20 July the European Commission decided to refer Italy to the Court of Justice for failing to comply with a decision of 16 March 2005 in which the Commission declared aid granted by Italy to newly listed companies in the form of fiscal incentives incompatible with the Single Market and ordered Italy to recover the aid from the recipients. However, a press release explains that the Italian authorities have not yet taken any concrete, effective steps...

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