Brussels, 06/12/2006 (Agence Europe) - On Wednesday, the European Commission opened an in-depth investigation into possible abusive use of restructuring aid by Polish steel company Arcelor Huta Warszawa.
Restructuring aid in the steel sector is generally not permitted. However, protocol 8 of the accession Treaty (on the restructuring of the Polish steel sector) granted a derogation to Poland and eight companies, including Arcelor Huta Warszawa. In return for this, Poland committed to reduce...