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Image header Agence Europe
Europe Daily Bulletin No. 9471
Contents Publication in full By article 25 / 30
GENERAL NEWS / (eu) eu/state aid

Commission requires Greece to recover illegal tax exemptions

Brussels, 18/07/2007 (Agence Europe) - The European Commission decided on Wednesday 18 July that the tax reductions granted under Greek law n° 3220/2004 are incompatible with the single market and must be recovered from beneficiaries. Around €200 million in incompatible aid has been granted to thousands of businesses under this law, which enables enterprises in certain sectors (agriculture and fisheries, manufacturing, energy and extraction industries, among others) to reduce their tax...

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