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Image header Agence Europe
Europe Daily Bulletin No. 9295
Contents Publication in full By article 34 / 42
GENERAL NEWS / (eu) eu/state aid

Investigation into French guarantees for construction of nuclear reactor in Finland - Mixed reactions

Brussels, 26/10/2006 (Agence Europe) - On Tuesday the Commission opened an in-depth investigation to establish whether the guarantee granted by France on a €570 million bank loan to Finnish electricity producer Teollisuuden Voima Oy (TVO) is in line with market practice and is compatible with Community State aid rules. Following two complaints, lodged at the end of 2004 by Greenpeace and the European Renewable Energies Federation (EREF), the Commission turned its attention on the guarantee...

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