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Europe Daily Bulletin No. 9801

11 December 2008
Contents Publication in full By article 17 / 42
GENERAL NEWS / (eu) eu/state aid
Commission opens in-depth investigation into sale of Greek Cassandra mines to Ellinikos Chrysos

Brussels, 10/12/2008 (Agence Europe) - On Wednesday 10 December, the Commission opened an in-depth investigation to determine whether the particulars of the sale of the Cassandra mines, owned by the Greek state, to Ellinikos Chrysos for the sum of 11 million euros constituted illegal state aid. In particular, the Commission is concerned that the sale may have taken place for a price lower than the market value. European Competition Commissioner, Neelie Kroes said that she wanted to "make...

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