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Europe Daily Bulletin No. 9510

27 September 2007
Contents Publication in full By article 20 / 30
GENERAL NEWS / (eu) eu/state aid
Guarantee by France to TVO, aid to Finnish nuclear company is not state aid

Brussels, 26/09/2007 (Agence Europe) - On 26 September, the European Commission closed an in-depth investigation concluding that a guarantee of the French government insuring a loan granted to the Finnish electricity producer TVO does not constitute state aid. The guaranteed loan finances the purchase by TVO of a part of a nuclear power plant from the French company AREVA NP (formerly Framatome). The Commission found that the guarantee would confer no advantage to TVO. First, the Commission...

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